Updated Sep 9, 2024
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
About this deal
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.
On the Map
$2,995,000
$783/SF
Other
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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