SOLD
Jared Levine And Hirsch Sherman Acquire Multifamily Asset In Valley Village For $3.75M
12121 La Maida Street
MultiFamily
13,608 SF
13,608 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
MultiFamily
13,608 sqft
A multifamily property located at 12121 La Maida St in Valley Village has been sold for $3,750,000. The property spans 13,608 square feet and consists of 16 units. The price per square foot is $275.57, and the price per unit is $234,475. The capitalization rate for this transaction is 4.10%, and the gross rent multiplier is 14.4.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,750,000
- Address: 12121 La Maida St
- Market: Valley Village
- Square Footage: 13,608
- Price per Square Foot: $275.57
- Units: 16
- Price per Unit: $234,475
- Capitalization Rate: 4.10%
- Gross Rent Multiplier: 14.4
Jared Levine and Hirsch Sherman from JML Real Estate Group represented the parties involved in this sale transaction.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Hirsch Sherman & Jared Levine @jmlrealestategroup
DATE: 06/14/2019
ADDRESS: 12121 La Maida St
MARKET: Valley Village
ASSET TYPE: Multifamily
PRICE: $3,750,000
SF: 13,608
PPSF: $275.57.57
UNITS: 16
PPU: $234,475
CAP: 4.10%
GRM: 14.4
BROKERS: Jared Levine, Hirsch Sherman @jmlrealestategroupView on map
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Address12121 La Maida Street
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