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2233 Riverdale Avenue, Los ...

Updated Oct 29, 2024

The Goldfinger Group Acquires Property In Frogtown For $2 Million
SOLDOther

The Goldfinger Group Acquires Property In Frogtown For $2 Million

2233 Riverdale Avenue, Los Angeles, CA, USA

$2,000,000

$297/SF

Building Size

6,728 SF

Asset Type

Other

Closing

Oct 11, 2018

About this deal

AI

The property at 2233 Riverdale Ave in Frogtown was recently sold for a price of $2,000,000. This transaction took place on October 18 and was represented by Max Feldman and Eli Korobkin as seen in a post on Instagram by The Goldfinger Group. The property has a price per square foot of $297 and is a part of the Frogtown submarket.

Summary of transaction details:

  • Property Type: SALE
  • Transaction Amount: $2,000,000
  • Date: October 18
  • Address: 2233 Riverdale Ave
  • Submarket: Frogtown
  • Buyer: The Goldfinger Group
  • Price per Square Foot: $297

In this deal, Max Feldman and Eli Korobkin represented The Goldfinger Group as their brokers. The transaction showcases the successful sale of a property in Frogtown at a significant price of $2,000,000, with a price per square foot of $297.

Players

The Goldfinger Group
The Goldfinger GroupBuyer

Los Angeles Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Deal FAQ

About $297 per square foot on a published $2M for 6,728 square feet (2018).

Browse California other sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.93%

Cash-on-Cash

-2.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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