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912 W 75th St, Los Angeles,...

Omid Nikayin Of Coldwell Banker Realty Facilitates $650K Multifamily Sale In South Los Angeles
SOLDMultiFamily

Omid Nikayin Of Coldwell Banker Realty Facilitates $650K Multifamily Sale In South Los Angeles

912 W 75th St, Los Angeles, CA, USA

$650,000

$376/SF

Building Size

1,726 SF

Asset Type

MultiFamily

Closing

Jul 26, 2020

AI

A multifamily property located at 912 W. 75th St. in South Los Angeles has been sold. The transaction took place on July 26, 2021. The property consists of 3 units, with a total square footage of 1,726. The asking price and sale price for the property were both $650,000, resulting in a price per unit of $216,666 and a price per square foot of $377.

Summary of Transaction Details

  • Property Type: Multifamily
  • Transaction Amount: $650,000
  • Units: 3
  • Square Footage: 1,726
  • Price per Unit: $216,666
  • Price per Square Foot: $377

Omid Nikayin from Coldwell Banker Realty represented the buyer in this transaction.

Players

Omid Nikayin

Coldwell Banker

Broker

$8.9M

vol

3 deals

Broker

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

24.40%

Cash-on-Cash

-6.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93