Updated Oct 29, 2024
Tamarind Avenue Investors LLC Acquires 10-Unit Property In Los Angeles For $1.99M
1114 Tamarind Ave, Los Angeles, CA 90038, USA
$1,989,000
$540/SF
Building Size
3,680 SF
Asset Type
Single Family Residence
Closing
Aug 9, 2018
About this deal
AI
The property located at 1114 Tamarind Ave, Los Angeles, CA 90038 has been sold. The sale transaction occurred on August 10, 2018. The property consists of 10 units with a total square footage of 3,680. The sale price for the property was $1,989,000, resulting in a price per square foot of $540.49. The property was sold by an undisclosed seller to Tamarind Avenue Investors LLC.
Summary of transaction details
- Property Type: Sale
- Transaction Amount: $1,989,000
- Square Footage: 3,680
- Price per Square Foot: $540.49
- Date: August 10, 2018
- Address: 1114 Tamarind Ave, Los Angeles, CA 90038
- Buyer: Tamarind Avenue Investors LLC
- Seller: Undisclosed Seller
This transaction has a capitalization rate (CAP) of 5.21% and a gross rent multiplier (GRM) of 13.10. Please note that no additional information is available about the individuals or companies involved in this deal.
Players
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.98%
Cash-on-Cash
-2.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93