Omid Nikayin Of Coldwell Banker Realty Facilitates $650K Multifamily Sale In South Los Angeles
SOLD
$650,000
California
See Similar DealsMultiFamily1,726 SF
Sold 07/26/2020
SOLD
Omid Nikayin Of Coldwell Banker Realty Facilitates $650K Multifamily Sale In South Los Angeles
912 W 75th St, Los Angeles, CA, USA
See Similar DealsMultiFamily1,726 SF
Sold 07/26/2020
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$376
Total Square Footage:1,726 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$34,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$2,309.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$3,081.33
Annual Debt Service$36,975.98
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