Multifamily In Los Angeles Sold For $6.9M With Brokers Bryan Schellinger & Steven Goldstein
950 S St Andrews Pl, Los Angeles, CA, USA
$6,895,000
$276/SF
Building Size
24,980 SF
Asset Type
MultiFamily
Closing
Nov 16, 2020
AI
Located at 950 South St. Andrews in Los Angeles, this multifamily property was sold on November 17, 2020. The transaction was facilitated by brokers Bryan Schellinger and Steven Goldstein. The property consists of 28 units with a price per unit of $246,250. It spans a total area of 24,980 square feet with a price per square foot of $276. The sale closed at $6,895,000.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $6,895,000
- Units: 28
- Price Per Unit: $246,250
- Total Area: 24,980 square feet
- Price Per Square Foot: $276
- Brokers: Bryan Schellinger & Steven Goldstein
Bryan Schellinger and Steven Goldstein played key roles in representing the involved parties in this transaction. They successfully closed the deal, showcasing their expertise and professionalism.
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
2.30%
Cash-on-Cash
-0.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93