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Lafayette Square, Los Angel...

Updated Dec 21, 2023

Jeremy And Lisah Kmet Acquire Other Vacant Property In Lafayette, CA For $3.95M
SOLDOther

Jeremy And Lisah Kmet Acquire Other Vacant Property In Lafayette, CA For $3.95M

Lafayette Square, Los Angeles, California, United States

$3,950,000

$1,701/SF

Building Size

2,322 SF

Asset Type

Other

Closing

Feb 6, 2022

About this deal

AI

The property involved in this closed transaction is located at 300 W Lowell Ln in Lafayette, CA. It is an Other Vacant asset type with a total square footage of 2,322. The sale took place on 02/07/2022, and the property was purchased by Jeremy Kmet & Lisah Kmet from seller Beth D Shuman. The transaction price was $3,950,000, resulting in a price per square foot of $1,701.

Summary of transaction details

  • Property Type: Other Vacant
  • Transaction Amount: $3,950,000
  • Square Footage: 2,322
  • Address: 300 W Lowell Ln, Lafayette, CA
  • Buyer: Jeremy Kmet & Lisah Kmet
  • Seller: Beth D Shuman

Jeremy Kmet & Lisah Kmet, represented by their broker, completed the purchase of this Other Vacant property from Beth D Shuman. This transaction demonstrates their interest and investment in the Lafayette, CA market.

Players

Los Angeles Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Deal FAQ

About $1.7K per square foot on a published $4M for 2,322 square feet (2022).

Browse California other sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.02%

Cash-on-Cash

-1.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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