Updated Dec 19, 2023
4701 W Adams Blvd Motel In Los Angeles Sells For $3.9M
4701 W Adams Blvd, Los Angeles, CA, USA
$3,900,000
$613/SF
Building Size
6,357 SF
Asset Type
Other
Closing
Nov 18, 2020
About this deal
AI
A motel located at 4701 W Adams Blvd in Los Angeles has been sold for $3,900,000. The transaction took place on November 19, 2020. This motel property was represented by @Sam_Liberow from The Liberow Group. The sale price translates to a price per square foot (PPSF) of $613 and a price per key (PPK) of $169,565.
Summary of transaction details
- Property Type: Motel
- Transaction Amount: $3,900,000
- Price per Square Foot (PPSF): $613
- Price per Key (PPK): $169,565
The sale of the motel at 4701 W Adams Blvd was facilitated by @Sam_Liberow from The Liberow Group. Sam Liberow represented the property in the transaction. This deal demonstrates his expertise and role in the real estate market in Los Angeles.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.07%
Cash-on-Cash
-1.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93