The Liberow Group Of Marcus & Millichap Sells Multifamily Property In Los Angeles For $11.5M
858 South Bedford Street, Los Angeles, California 90035, United States
$11,500,000
$530/SF
Building Size
21,671 SF
Asset Type
MultiFamily
Closing
Oct 6, 2022
AI
The multifamily property located at 858 S Bedford St in Los Angeles, CA has been sold for a price of $11,500,000. The sale was facilitated by brokers Sam Liberow and Max Gersht from The Liberow Group, who represented the buyer and seller in the transaction. The property consists of 14 units, with a price per unit of $821,429. It has a total square footage of 21,671, resulting in a price per square foot of $531.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $11,500,000
- Address: 858 S Bedford St
- Market: Los Angeles, CA
- Brokers: Sam Liberow & Max Gersht - The Liberow Group - Marcus & Millichap
- Units: 14
- Price per Unit: $821,429
- Square Footage: 21,671
- Price per Square Foot: $531
The deal was successfully closed on 10/07/2022, with Sam Liberow and Max Gersht of The Liberow Group playing the pivotal role in facilitating the transaction. Their representation provided the necessary expertise to ensure a smooth process for both the buyer and seller.
Players
Los Angeles 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
1.38%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93