XYZ Rent 11 LLC Acquires Property At 9033 W. 3rd St For $413,125

The property at 9033 W. 3rd St, located at the corner of Doheny and 3rd St, was recently sold on July 24, 2018. The transaction was a sale, with the buyer being XYZ Rent 11 LLC and the seller being Susan Oman Belsky. The deal was facilitated by the broker Michael Monempour from Charles Dunn Company. The property was sold at a price of $413,125, with a price per square foot of $582. The capitalization rate for the property was 1.99% and the gross rent multiplier was 25.

Summary of transation details

• Property Type: Sale
• Transaction Amount: $413,125
• Seller: Susan Oman Belsky
• Buyer: XYZ Rent 11 LLC
• Broker: Michael Monempour - Charles Dunn Company
• PPSF: $582
• PPU: $413,125
• CAP: 1.99%
• GRM: 25

The sale of 9033 W. 3rd St was facilitated by Michael Monempour from Charles Dunn Company, who represented both the buyer, XYZ Rent 11 LLC, and the seller, Susan Oman Belsky. The property was sold at a price per square foot of $582, resulting in a total transaction amount of $413,125. The capitalization rate for this property was 1.99%, indicating its profitability. Additionally, the property had a gross rent multiplier of 25, further highlighting its value.