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Jilong Kim Acquires Student Housing Property On 1337 W. 36th Place For $2.99M

Property Image
SOLD
$2,995,000
Ariel Sayani
Davis Saadian
Adam Shamooelian

California

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Other3,825 SF
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Property Image
SOLD

Jilong Kim Acquires Student Housing Property On 1337 W. 36th Place For $2.99M

1337 W 36th Pl, Los Angeles, CA 90007, USA

See Similar Deals
Other3,825 SF
Sold
Ariel Sayani
Davis Saadian
Adam Shamooelian
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Other
Price Per Square Foot:$783
Total Square Footage:3825 SF
Transaction Type:Sale

1337 W. 36th Place, a student housing property, was recently sold in a closed transaction. The property spans 3,825 square feet and was sold for a price of $2,995,000, resulting in a price per square foot of $783.

Summary of transaction details

  • Property Type: Student Housing
  • Transaction Amount: $2,995,000
  • Address: 1337 W. 36th Place

Jilong Kim purchased the property from Bruce Mafil. The transaction was facilitated by Davis Saadian, Ariel Sayani, and Adam Shamooelian from Saadian Investment Group.

This sale represents an investment opportunity in USC student housing. For more information, please contact Davis Saadian directly at (310)-402-8958.

Players

Adam Shamooelian
Keller Williams Realty
Adam Shamooelian
5 deals$20M volume(310) 658-2668
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Davis Saadian
Carolwood Estates
Davis Saadian
17 deals$86.6M volume(310) 909-5500
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Ariel Sayani
Partners CRE
Ariel Sayani
25 deals$69.5M volume(310) 968-7711
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Kidder Mathews
Kidder Mathews
BROKERAGE
Compass
Compass
BROKERAGE

Details

SOLD
IMAGE: IMAGE: @ArielSayani, @DavisSaadian & Adam Shamooelian DATE: 10/02/2020 ADDRESS: 1337 W. 36th Place ASSET TYPE: Student Housing BUYER: Jilong Kim SELLER: Bruce Mafil BROKERS: Davis Saadian, Ariel Sayani, Adam Shamooelian – Saadian Investment Group PRICE: $2,995,000 SF: 3,825 ~ PPSF: $783 NOTE: USC Student Housing Investment. For more info, please contact Davis directly: ?(310)-402-8958 […]

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,640.62
Cash-on-Cash Return-1.27%
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