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5447 Russell Avenue

Leeor Maciborski Acquires Multifamily Property In Los Angeles For $4.5M
SOLDMultiFamily

Leeor Maciborski Acquires Multifamily Property In Los Angeles For $4.5M

5447 Russell Avenue

$4,525,000

$362/SF

Building Size

12,500 SF

Asset Type

MultiFamily

Closing

Aug 24, 2022

AI

A multifamily property located at 5447 Russell Ave in Los Angeles has been sold in a recent transaction. The property consists of 18 units with a total square footage of 12,500. The sale price for the property was $4,525,000, equating to a price per unit of $251,389. The price per square foot was calculated at $362.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $4,525,000
  • Number of Units: 18
  • Price per Unit: $251,389
  • Square Footage: 12,500
  • Price per Square Foot: $362
  • Address: 5447 Russell Ave
  • Market: Los Angeles

Leeor Maciborski from ROM Residential acted as the buyer in the transaction, while John A. Roesch served as the seller. Robin Ossenbeck from Kidder Mathews represented Leeor Maciborski as the buyer's representative, and Timothy Byrne from Compass represented John A. Roesch as the seller's representative.

Players

Timothy Byrne

Compass

Broker

$12.3M

vol

3 deals

Broker

Leeor Maciborski

ROM Residential

Buyer

$45.8M

vol

3 deals

Buyer

Los Angeles 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

3.51%

Cash-on-Cash

-1.00%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93