Gregory Ellis Acquires Multifamily Property On N. Oxford Avenue In East Hollywood For $9.4M
943 North Oxford Avenue, Los Angeles, CA, USA
$9,400,000
$395/SF
Building Size
23,763 SF
Asset Type
MultiFamily
Closing
Oct 8, 2021
AI
Located in East Hollywood, the multifamily property at 943-947 N. Oxford Avenue has been sold in a closed transaction. The property comprises 11 units with a total square footage of 23,763. The sale price for this transaction was $9,400,000, resulting in a price per unit of $854,545 and a price per square foot of $395.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $9,400,000
- Units: 11
- Price Per Unit: $854,545
- Square Footage: 23,763
- Price Per Square Foot: $395
On the buy side of this transaction is Gregory Ellis. Tamas Batyi from Century 21 Union Realty represented the buyer as their broker. Bobbie Nguyen acted as the seller with Kenny Stevens and Max Berger, both from Compass, representing 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
1.69%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93