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1337 W 36th Pl, Los Angeles...

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

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

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

$2,995,000

$783/SF

Building Size

3,825 SF

Asset Type

Other

Closing

Oct 1, 2020

AI

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

Broker

$20M

vol

5 deals

Broker
Kidder Mathews
Kidder MathewsBrokerage
Compass
CompassBrokerage

Los Angeles Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.30%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93