Closed | 1612 S. St Andrews Place

Offering Price

Sales Price

$1,480,796

Offering Highlights

Deal Highlights

Sold for the Third Lowest CAP Rate (2.14%) Ever in the 90019 Zip Code.

Negotiated for Buyer to Remediate Deferred Maintenance After the Close of Escrow.

Sold for the Fourth Highest Gross Rent Multiplier (19.43) in the 90019 Zip Code.

Resolved Lien on Property with Out of the Country Third Party.

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Close of Escrow

12/30/2020

Units

7,522

Building SF

1946

Year Built

Walk Score

$195.82

Price/SF

$164,532

Price/Unit

2.14%

Current Cap

19.43

Current GRM

7,522

Building SF

1946

Year Built

$195.82

Price/SF

Units

7,522

Building SF

1946

Year Built

Walk Score

$195.82

Price/SF

$164,532

Price/Unit

2.14%

Current Cap

19.43

Current GRM

Potential Buildable Units

7,522

Land SF

$195.82

Price/Land SF

$164,532

Zoning

1946

Year Built

Walk Score

Download Executive Summary

Property video

Property Location

Mid-City

Submarket

Lead Agent Info

Daniel Shon

Executive Director

Multifamily Investments

(714) 876-5013

Daniel.Shon@kw.com

SEE THIS AGENTS PROPERTIES >