Updated Oct 29, 2024
Pacific Urban Residential Acquires Los Feliz Apartment Complex For $55M
1800 North New Hampshire Avenue, Los Angeles, CA 90027, USA
$55,000,000
$482/SF
Building Size
114,000 SF
Asset Type
Other
Closing
Aug 28, 2018
About this deal
AI
An apartment complex located at 1800 N. New Hampshire Ave in Los Feliz, LA, was recently sold for $55,000,000. The property spans 114,000 square feet and has a price per square foot of $482. It consists of 134 units, with a price per unit of $410,000.
Summary of transaction details
- Property Type: Apartment complex
- Transaction Amount: $55,000,000
- SF: 114,000
- PPSF: $482
- Units: 134
- PPU: $410,000
Kitty Wallace of Colliers International represented the seller, 1800 New Hampshire Associates, in the transaction. The buyer was Pacific Urban Residential.
Players
Los Angeles Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Deal FAQ
About $482 per square foot on a published $55M for 114,000 square feet (2018).
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Browse California other sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.29%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93