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1408 S St Andrews Pl, Los A...

Updated Dec 21, 2023

Neema Ahadian Sells Multifamily Property On South St Andrews Pl For $3.6M
SOLDMultiFamily

Neema Ahadian Sells Multifamily Property On South St Andrews Pl For $3.6M

1408 S St Andrews Pl, Los Angeles, Ca 90019, Usa

$3,600,000

$26/SF

Building Size

133,630 SF

Asset Type

MultiFamily

Closing

Sep 14, 2020

About this deal

AI

A multifamily property located at 1408 South St Andrews Pl has been sold for $3,600,000. The property spans 13,363 square feet, resulting in a price per square foot of $269.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,600,000

The broker representing the transaction is Neema Ahadian.

The multifamily sale at 1408 S St Andrews Pl, Los Angeles, Ca 90019, Usa in Los Angeles, Texas sold for $3.6M in 2020. The building is 133,630 square feet, implying about 26 per square foot on the published price. Neema Ahadian, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Los Angeles, Texas file for the 1408 S St Andrews Pl, Los Angeles, Ca 90019, Usa multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles multifamily set by closing date to see what else sold near 1408 S St Andrews Pl, Los Angeles, Ca 90019, Usa around 2020. Published consideration for 1408 S St Andrews Pl, Los Angeles, Ca 90019, Usa is $3.6M, dated 2020. Cite this Neema Ahadian Sells Multifamily Property On South St Andrews Pl For $3.6M sale when underwriting similar multifamily product around Los Angeles, Texas.

Players

Neema Ahadian

Marcus & Millichap

Broker

$733M

vol

79 deals

Broker

Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $26 per square foot on a published $3.6M for 133,630 square feet (2020).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.41%

Cash-on-Cash

-1.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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