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
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
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93