Updated Dec 21, 2023
Kenny Stevens & Stephanie Younger Brokerage Sale: Multifamily Property In Playa Del Rey Fetches $10.95M
6615 Pacific Ave, Playa Del Rey, Ca 90293, Usa
$10,950,000
$698/SF
Building Size
15,683 SF
Asset Type
MultiFamily
Closing
Oct 8, 2020
About this deal
AI
Located in Playa del Rey, the property at 6615 Pacific Avenue was recently transacted in a multifamily deal. The transaction, facilitated by brokers Kenny Stevens and Stephanie Younger, had a sale price of $10,950,000. The property spans a total of 15,683 square feet, resulting in a price per square foot of $698.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $10,950,000
- Address: 6615 Pacific Avenue
- Market: Playa del Rey
- Brokers: Kenny Stevens & Stephanie Younger
- Square Footage: 15,683
- Price per Square Foot: $698
The deal was facilitated by brokers Kenny Stevens and Stephanie Younger, who played key roles in the successful transaction of the property at 6615 Pacific Avenue in Playa del Rey. Their expertise and diligent efforts contributed to the smooth execution of the deal.
Players
Playa Del Rey MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.45%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93