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Elliot Hassan Of Northmarq Brokers $2M Sale Of Los Angeles Multifamily Property
SOLD
California
See Similar DealsMultiFamily4,840 SF
Sold 04/23/2024
SOLD
Elliot Hassan Of Northmarq Brokers $2M Sale Of Los Angeles Multifamily Property
822 North Hayworth Avenue
See Similar DealsMultiFamily4,840 SF
Sold 04/23/2024
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$413
Total Square Footage:4,840 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$106,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,105.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,481.02
Annual Debt Service$113,772.24
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