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1000 Seward Street

Mathew Cooper Sells Development Site At 1000 Seward Street Los Angeles For $10,025,000 With Michael Shuken And Jared Swedelson
SOLDDevelopment Site

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

Jared Swedelson

NAI Global

Broker

$119.2M

vol

18 deals

Broker

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