SOLDMultiFamily
Elliot Hassan Of Northmarq Brokers $2M Sale Of Los Angeles Multifamily Property
822 North Hayworth Avenue
$2,000,000
$413/SF
Building Size
4,840 SF
Asset Type
MultiFamily
Closing
Apr 23, 2024
AI
In Los Angeles, 822 North Hayworth Avenue, a multifamily asset, was sold for $2 million. The property encompasses a total area of 4,840 square feet, with a price per square foot of $413.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,000,000
- Address: 822 North Hayworth Avenue
- Market: Los Angeles
- Square Footage: 4,840 SF
- Price per Square Foot: $413
Elliot Hassan of NorthMarq played a crucial role in facilitating the transaction of the multifamily asset at 822 North Hayworth Avenue in Los Angeles.
Players
Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93