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822 North Hayworth Avenue

Elliot Hassan Of Northmarq Brokers $2M Sale Of Los Angeles Multifamily Property
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

Elliot Hassan

NorthMarq

Broker

$259.8M

vol

26 deals

Broker

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