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
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