facebook

traded

+ Submit
Home

/

Deals

/

California

/

Multifamily

/

Sale

/

4754 Oakwood Avenue

Pankaj Nuh Acquires Multifamily Property At 4754 Oakwood Avenue For $2.2M With Azad Naim As Buyer's Rep
SOLDMultiFamily

Pankaj Nuh Acquires Multifamily Property At 4754 Oakwood Avenue For $2.2M With Azad Naim As Buyer's Rep

4754 Oakwood Avenue

$2,200,000

$344/SF

Building Size

6,395 SF

Asset Type

MultiFamily

Closing

Aug 19, 2024

AI

The multifamily property located at 4754 Oakwood Avenue in Los Angeles consists of 16 units with a total square footage of 6,395. The transaction was concluded at a sale price of $2,200,000, resulting in a price per unit of $137,500 and a price per square foot of $344.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,200,000
  • Units: 16
  • Square Footage: 6,395
  • Price Per Unit: $137,500
  • Price Per Square Foot: $344
  • Buyer: Pankaj Nuh
  • Seller: Laurie Raine
  • Buyer's Representative: Azad Naim - Keller Williams
  • Seller's Representative: Max Berger - Compass

Key individuals involved in the transaction include the buyer, Pankaj Nuh, and seller, Laurie Raine. The transaction was facilitated by their respective representatives, Azad Naim from Keller Williams representing the buyer, and Max Berger from Compass representing the seller.

Players

Max Berger

Compass

Broker

$85.8M

vol

17 deals

Broker

Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.21%

Cash-on-Cash

-2.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93