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915 West Kensington Road

Alice Yokoyama Acquires Multifamily Property On West Kensington Road In Los Angeles For $2.86M
SOLDMultiFamily

Alice Yokoyama Acquires Multifamily Property On West Kensington Road In Los Angeles For $2.86M

915 West Kensington Road

$2,860,000

$833/SF

Building Size

3,430 SF

Asset Type

MultiFamily

Closing

Oct 27, 2023

AI

The multifamily property located at 915 West Kensington Road in Los Angeles has been sold. The property consists of 2 units with a total square footage of 3,430. The sale price of the property was $2,860,000, resulting in a price per unit of $1,430,000 and a price per square foot of $834.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,860,000
  • Address: 915 West Kensington Road
  • Market: Los Angeles
  • Units: 2
  • Square Footage: 3,430
  • Price Per Unit: $1,430,000
  • Price Per Square Foot: $834

The buyer of the property is Alice Yokoyama, while the seller is Pdc Newport Investment Inc, represented by Henry Chen. Eric Martig from Nelson Shelton & Associates acted as the buyer's representative, and Kevin Lo from EXP Realty and Vince Truong from A+ Realty & Mortgage represented the seller.

Players

Kevin Lo

EXP Realty

Broker

$2.9M

vol

1 deal

Broker

Henry Chen

Seller

$36.2M

vol

3 deals

Seller

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

5.55%

Cash-on-Cash

-1.59%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93