Yohani Agus Acquires 18-Unit Multifamily In Koreatown For $4.1M
981 Elden Ave, Los Angeles, CA, USA
$4,119,000
$388/SF
Building Size
10,594 SF
Asset Type
MultiFamily
Closing
Aug 3, 2021
AI
A multifamily property located at 981 Elden Ave. in Koreatown has been sold for a price of $4,119,000. The sale transaction took place on August 4, 2021. The property comprises 18 units with an average price per unit of $228,833. The total square footage of the property is 10,594, resulting in a price per square foot of $388.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,119,000
- Address: 981 Elden Ave.
- Market: Koreatown
- Buyer: Yohani Agus
- Seller: Roger Alvarez
- Brokers: Zac Freehling & Jason Shenitzer
- Units: 18
- Price per Unit: $228,833
- Square Footage: 10,594
- Price per Square Foot: $388
Zac Freehling and Jason Shenitzer represented the buyer Yohani Agus in this transaction. They acted as brokers for the deal.
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
3.85%
Cash-on-Cash
-1.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93