Ron Mayer Acquires 13-Unit Multifamily In Inglewood For $3.37M
901 Centinela Avenue, Inglewood, California 90302, United States
$3,370,000
$332/SF
Building Size
10,147 SF
Asset Type
MultiFamily
Closing
Feb 13, 2022
AI
A multifamily property located at 901 Centinela Ave. in Inglewood has been sold in a recent transaction. The property consists of 13 units, with a total square footage of 10,147. The sale price for this transaction was $3,370,000, resulting in a price per unit of $259,230 and a price per square foot of $332.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $3,370,000
- Units: 13
- Price per Unit: $259,230
- Square Footage: 10,147
- Price per Square Foot: $332
- Address: 901 Centinela Ave., Inglewood
The buyer in this transaction was Ron Mayer, and the seller was Eli Patronas. The deal was facilitated by Sebastian Barahal and Shane Young from Young Lewin Advisors.
Players
Inglewood 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
4.71%
Cash-on-Cash
-1.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93