Updated Sep 9, 2024
Salleh Beitollahi, Daniel Shon, And Andres Diaz Acquire 18-Unit Multifamily In Koreatown For $5.3M
827 South Wilton Place, Los Angeles, CA, USA
$5,335,000
$517/SF
Building Size
10,303 SF
Asset Type
MultiFamily
Closing
Aug 30, 2018
About this deal
AI
The recently closed property transaction in Koreatown, Los Angeles, involved a multifamily asset located at 827 S Wilton Place. This property, spanning approximately 10,303 square feet, consists of 18 units. The transaction took place on August 31, 2018, with a sale price of $5,335,000, equating to a price per unit of $296,388 and a price per square foot of $517.81.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,335,000
- Units: 18
- Price per Unit: $296,388
- Square Footage: 10,303
- Price per Square Foot: $517.81
The buyer's representative for this transaction was Salleh Beitollahi, Daniel Shon, and Andres Diaz. On the other hand, Jason Tuvia represented the seller. It is worth noting that this information was shared by @KingSideGroup on Instagram.
On the Map
$5,335,000
$517/SF
MultiFamily
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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
2.97%
Cash-on-Cash
-0.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93