Lucille Gonzalez Purchases Multifamily Property From Flores Land Company In Los Angeles For $960,000
SOLD
$960,000
California
See Similar DealsMultiFamily3,906 SF
Sold 12/04/2025
SOLD
Lucille Gonzalez Purchases Multifamily Property From Flores Land Company In Los Angeles For $960,000
847 East 24th Street
See Similar DealsMultiFamily3,906 SF
Sold 12/04/2025
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$245
Total Square Footage:3,906 SF
Transaction Type:Sale
The property asset involved in the transaction is a multifamily building located at 847 East 24th Street, Los Angeles. It sold for $960,000, comprising 8 units with a price per unit of $120,000. The total square footage of the property is 3,906, resulting in a price per square foot of $245.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $960,000
- Units: 8
- Price per Unit: $120,000
- Square Footage: 3,906
- Price per Square Foot: $245
- Buyer: Lucille Gonzalez
- Seller: Flores Land Company
- Broker Representatives: Ken Ishiki & Cameron Samimi - Lyon Stahl Investment Real Estate
The deal was facilitated by brokers Ken Ishiki and Cameron Samimi, representing Lyon Stahl Investment Real Estate. They played a crucial role in connecting the buyer, Lucille Gonzalez, with the seller, Flores Land Company, to successfully complete the transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$51,199.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,410.68
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,550.89
Annual Debt Service$54,610.68
Is there something missing? Send suggestions