Updated Dec 19, 2023
Jonathan Taksa's Aksa Investment Group Sells Multifamily Property In Los Angeles For $3.175M
842 North Alfred Street, Los Angeles, CA, USA
$3,175,000
$243/SF
Building Size
13,028 SF
Asset Type
MultiFamily
Closing
Jan 4, 2021
About this deal
AI
The multifamily property located at 842 N. Alfred Street in Los Angeles has been sold for $3,175,000. The transaction was completed on January 5, 2021. The property consists of 16 units, with a price per unit of $198,437. It has a total area of 13,028 square feet, resulting in a price per square foot of $243.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,175,000
- Address: 842 N. Alfred Street
- Market: Los Angeles
- Units: 16
- Price per Unit: $198,437
- Total Square Footage: 13,028
- Price per Square Foot: $243
The sale was facilitated by Jonathan Taksa from aksaInvestmentGroup, who served as the broker for this transaction.
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
5.00%
Cash-on-Cash
-1.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93