Scott Vila Acquires Inglewood Multifamily For $10.75M
839 Glenway Drive, Inglewood, California 90302, United States
$10,750,000
$338/SF
Building Size
31,740 SF
Asset Type
MultiFamily
Closing
Jun 16, 2022
AI
The multifamily property located at 839-845 Glenway Dr. in Inglewood has been sold. The transaction took place on 06/17/2022, with a sale price of $10,750,000. The property consists of 42 units, with an average price per unit of $255,952. The total square footage of the property is 31,740, resulting in a price per square foot of $338.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $10,750,000
- Address: 839-845 Glenway Dr., Inglewood
- Market: Inglewood
- Units: 42
- Price Per Unit: $255,952
- Square Footage: 31,740
- Price Per Square Foot: $338
Scott Vila purchased the property from Harold Hernandez. The brokers involved in the transaction were Brett Lyon and Woody Stahl, representing Lyon Stahl.
Inglewood MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.48%
Cash-on-Cash
-0.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93