Daisuke Hirai Acquires Multifamily Asset On Veteran Avenue In Los Angeles For $2.15M
3757 Veteran Avenue
$2,150,000
$506/SF
Building Size
4,248 SF
Asset Type
MultiFamily
Closing
Oct 29, 2024
AI
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:
- Property Type: Multifamily
- Transaction Amount: $2,150,000
- Units: 6
- Square Footage: 4,248
- Price Per Unit: $358,333
- Price Per Square Foot: $506
- Buyer: Daisuke Hirai
- Seller: Gary Goren
- Seller's Representative: Zac Freehling & Tyler Farrar - Pacific Partners Real Estate Investments
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
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
7.38%
Cash-on-Cash
-2.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93