facebook
Traded Co logo
Submit a Deal

Susan And Daniel Booker Acquire 6-Unit Multifamily Property In West Los Angeles

10561 Missouri Avenue
PointingArrow
ShareContact

This MultiFamily property located in CA was sold for $3,790,000 over 3 years ago. The brokers of the deal were Brian Grossman and Jeff Louks

The multifamily property located at 10561 Missouri Ave. in West Los Angeles has been sold. The property consists of 6 units with a total square footage of 7,952. The asking price for the property was $3,595,000, and it was sold for $3,790,000, indicating a sale price higher than the asking price. This translates to a price per unit (PPU) of $631,667 and a price per square foot (PPSF) of $476. The property has a gross rent multiplier (GRM) of 18.03x and a capitalization rate (CAP) of 3.23%.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,790,000
  • Address: 10561 Missouri Ave., West Los Angeles
  • Market: West Los Angeles
  • Units: 6
  • PPU: $631,667
  • SF: 7,952
  • PPSF: $476
  • GRM: 18.03x
  • CAP: 3.23%

Susan Booker and Daniel Booker have purchased the property from Scott Hervey. The deal was facilitated by Brian Grossman and Jeff Louks, who acted as the brokers representing the parties involved in the transaction.

View Related

Deals
  • Location
    10561 Missouri Avenue, Los Angeles, CA 90025, USA10561 Missouri Avenue, Los Angeles, CA 90025, USA
  • Sale Price
    $3,790,000$3,790,000
    $476 PPSF$476 PPSF
  • Area
    7,952 SF7,952 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Brian Grossman

Brian Grossman

Deals1
Sold$3.8M

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

Social

Deal Summary

SALE IMAGE: Brian Grossman & Jeff Louks DATE: 07/08/2021 ADDRESS: 10561 Missouri Ave. MARKET: West Los Angeles ASSET TYPE: Multifamily BUYER: Susan Booker & Daniel Booker SELLER: Scott Hervey BROKERS: Brian Grossman (@Brian_Grossman) & Jeff Louks ASKING PRICE: $3,595,000 SALE PRICE: $3,790,000 UNITS: 6 ~ PPU: $631,667 SF: 7,952 ~ PPSF: $476 GRM: 18.03x CAP: 3.23%

Comparables


We could not find what you were looking for, try a different filter

Contact

Broker's profile image

10561 Missouri Avenue

  • Social

  • Comparables

  • Contact

  • Share


  • Login to Suggest Edits