Updated Nov 22, 2023
Micah Hiller's RFC Group Represents Sale Of Duplex In Los Angeles For $3M
1432 South Beverly Drive, Los Angeles, CA 90035, USA
$3,026,026
$746/SF
Building Size
4,054 SF
Asset Type
Other
Closing
Dec 12, 2018
About this deal
AI
The duplex located at 1432 S. Beverly Drive in Los Angeles, California 90035 was recently sold. The property spans 4,054 square feet and is categorized as a R3 TOC Tier 3 lot. It was sold for a total of $3,026,026, which translates to a price per square foot of $746.
Summary of transaction details
- Property Type: Duplex
- Transaction Amount: $3,026,026
- Size: 4,054 sqft
- Price per Square Foot: $746
- Lot Category: R3 TOC Tier 3
Micah Hiller, represented by Micah Hiller of The RFC Group, acted as the buyer and seller representative in this transaction.
Additionally, the buyer has plans to develop approximately 15 units on the property.
Players
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
5.24%
Cash-on-Cash
-1.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93