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147 S Doheny Dr, Los Angele...

Doheny Residences LLC Acquires Property At 147 S Doheny Dr Los Angeles For $16.9M
SOLD

Doheny Residences LLC Acquires Property At 147 S Doheny Dr Los Angeles For $16.9M

147 S Doheny Dr, Los Angeles, CA, 90...

$16,900,000

$652/SF

Building Size

25,904 SF

Asset Type

Closing

Nov 20, 2023

AI

The property asset involved in the transaction is located at 147 S Doheny Dr, Los Angeles, CA. It was sold for $16,900,000.00. The square footage of the property is 25,904. The market for this transaction is Los Angeles.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: $16,900,000.00
  • Address: 147 S Doheny Dr, Los Angeles, CA
  • Market: Los Angeles
  • Buyer: Doheny Residences LLC
  • Seller: Private Family Trust
  • Buyer's Representative: Glenn Brander-Miller & Desatnik Realty
  • Seller's Representative: Errol Spiro
  • Square Footage: 25,904

In this transaction, Doheny Residences LLC was represented by Glenn Brander-Miller from Desatnik Realty, while the seller, a Private Family Trust, was represented by Errol Spiro. The efforts of these representatives facilitated the negotiation and completion of the property sale.

Players

Errol Spiro

Broker

$45.7M

vol

6 deals

Broker
PT
Private Family TrustSeller

Los Angeles CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.94%

Cash-on-Cash

-0.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93