facebook
Traded Co logo
Submit

Daisuke Hirai Acquires Multifamily Asset On Veteran Avenue In Los Angeles For $2.15M

Property Image
SOLD
$2,150,000

California

See Similar Deals
MultiFamily4,248 SF
Sold 10/29/2024
the dealplayerscompscontact
Property Image
SOLD

Daisuke Hirai Acquires Multifamily Asset On Veteran Avenue In Los Angeles For $2.15M

3757 Veteran Avenue

See Similar Deals
MultiFamily4,248 SF
Sold 10/29/2024
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$506
Total Square Footage:4,248 SF
Transaction Type:Sale

The multifamily property located at 3757 Veteran Avenue in Los Angeles has been sold for $2,150,000. This asset comprises 6 units and spans a total square footage of 4,248, resulting in a price per unit of $358,333 and a price per square foot of $506.

Summary of transaction details:

This transaction involved key individuals including buyer Daisuke Hirai and seller Gary Goren, with Zac Freehling and Tyler Farrar representing the seller in the deal under Pacific Partners Real Estate Investments.

Players

Zac Freehling
61 deals$237.5M volume
BROKER

Tyler Farrar
Pacific Partners Real Estate Investments
18 deals$57.8M volume
BROKER

Details

SOLD
IMAGE: Zac Freehling & Tyler Farrar DATE: 10/29/2024 ADDRESS: 3757 Veteran Avenue MARKET: Los Angeles ASSET TYPE: Multifamily BUYER: Daisuke Hirai SELLER: Gary Goren SELLER'S REP: Zac Freehling (@ZacFreehling) & Tyler Farrar (@TylerFarrar21) - Pacific Partners Real Estate Investments (@PacificPartnersLA) SALE PRICE: $2,150,000 UNITS: 6 ~ PPU: $358,333 SF: 4,248 ~ PPSF: $506

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$114,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,638.49
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,192.10
Annual Debt Service$122,305.16