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
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