Kingside Group Represents Sale Of Koreatown Multifamily Property For $4.4M | 4938 Rosewood Avenue | Daniel Shon, Andres Diaz | MultiFamily | Sale

Summary

Sale

CALIFORNIA

MultiFamily

16,314 sqft

A multifamily property located at 4938 Rosewood Ave in Koreatown was recently sold for $4,400,000. The property consists of 16,314 square feet with 16 units. The price per square foot was calculated at $269.70. The purchase price per unit was $275,000. The property's capitalization rate is 3.88% and the gross rent multiplier is 15.26.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $4,400,000
Address: 4938 Rosewood Ave
Market: Koreatown

The sale of this multifamily property was facilitated by brokers Daniel Shon and Andres Diaz from Kingside Group. They represented the parties involved in the transaction.

Players

All
3

Agents
2
Agencies
1

Daniel Shon

Executive Director

$32.7M Sold

Andres Diaz

Senior DirectorMultifamily Investments

$46.7M Sold

Keller Williams

Details

Deal Summary

SOLD

IMAGE: Andres Diaz @diaz.andres & Daniel Shon @danielshon DATE: 5/1/2019 ADDRESS: 4938 Rosewood Ave MARKET: Koreatown ASSET TYPE: Multifamily BROKERS: Daniel Shon, Andres Diaz @kingsidegroup PRICE: $4,400,000 SF: 16,314 ~ PPSF: $269.70.70 UNITS: 16 PPU: $275,000 CAP: 3.88% GRM: 15.26

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Address4938 Rosewood Avenue

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