Updated Dec 21, 2023
Rodeo Realty Acquires Multifamily Property In Beverly Grove For $6.16M
8255 Oakwood Ave, Beverly Grove, Los Angeles, CA, USA
$6,155,000
$1,116/SF
Building Size
5,514 SF
Asset Type
MultiFamily
Closing
Dec 2, 2021
About this deal
AI
The multifamily property located at 8255 Oakwood Ave in Beverly Grove has been sold. The transaction was facilitated by Alexa Kort from Rodeo Realty, representing the buyer, and Ginger Glass from Compass, representing the seller.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,155,000
- Sale Date: 12/02/2021
- Market: Beverly Grove
- Square Footage: 5,514
- Price per Square Foot: $1,116
The buyer's representative, Alexa Kort of Rodeo Realty, worked diligently to secure this property for their client. On the other side, the seller's representative, Ginger Glass of Compass, successfully handled the negotiations and ensured a smooth transaction.
On the Map
$6,155,000
$1,116/SF
MultiFamily
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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
2.58%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93