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839 Glenway Drive, Inglewoo...

Updated Dec 19, 2023

Scott Vila Acquires Inglewood Multifamily For $10.75M
SOLDMultiFamily

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

About this deal

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.

On the Map

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$10,750,000

$338/SF

MultiFamily

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Players

Brett Lyon

Lyon Stahl Investment Real Estate

Broker

$51.5M

vol

9 deals

Broker
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Inglewood MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $338 per square foot on a published $10.8M for 31,740 square feet (2022).

Visit Brett Lyon to view all their deals.

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

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