Ranjodh Singh Purchases Multifamily Property From Ashley Kim For $1.425M In Los Angeles
8823 S Figueroa St
$1,425,000
$262/SF
Building Size
5,424 SF
Asset Type
MultiFamily
Closing
Sep 12, 2024
AI
The property involved in this transaction is a MultiFamily asset located at 8823 S Figueroa St in the Los Angeles market. The sale price for this property was $1,425,000.00, and it encompasses a spacious total square footage of 5,424.0 square feet.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,425,000.00
- Address: 8823 S Figueroa St
- Market: Los Angeles
- Square Footage: 5,424.0
- Buyer: Ranjodh Singh
- Seller: Ashley Kim
- Brokers: Chase Simonton - Re/Max, Robert Carlile - Re/Max
- Sale Date: 09/12/2024
Key individuals involved in this transaction include the buyer, Ranjodh Singh, and the seller, Ashley Kim. The deal was represented by brokers Chase Simonton and Robert Carlile, both from Re/Max, who facilitated the agreement between the two parties.
Players
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
11.13%
Cash-on-Cash
-3.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93