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
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