Mathew Cooper Sells Development Site At 1000 Seward Street Los Angeles For $10,025,000 With Michael Shuken And Jared Swedelson
1000 Seward Street
$10,025,000
$2,605/SF
Building Size
3,848 SF
Asset Type
Development Site
Closing
Feb 10, 2026
AI
The asset involved in this transaction is a development site located at 1000 Seward Street in Los Angeles. The sale price for the property was $10,025,000, with a total square footage of 34,181. The price per square foot stands at $293.
Summary of transation details:
- Property Type: Development Site
- Transaction Amount: $10,025,000
- Address: 1000 Seward Street
- Market: Los Angeles
- Seller: Mathew Cooper
- Buyer’s Representative: Jared Swedelson - NAI Capital
- Seller’s Representative: Michael Shuken - Savills
Jared Swedelson represented the buyer, facilitating this transaction through NAI Capital. Michael Shuken acted as the seller's representative, representing Mathew Cooper in the deal through Savills.
Players
Los Angeles Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.58%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93