Updated Sep 9, 2024
JLL Brokers Mixed-Use Property Sale At 300 S Santa Fe Ave, Los Angeles
300 S Santa Fe Ave, Los Angeles, CA...
Units
438
Asset Type
Mixed-use
Closing
Nov 20, 2023
About this deal
AI
One Santa Fe is a mixed-use core-plus apartment community located at 300 S Santa Fe Ave in Los Angeles, CA. The property, completed in 2015, comprises 438 units of various layouts, along with an 81,000-square-foot retail component known as The Yards at One Santa Fe.
Summary of transation details:
- Property Type: Mixed-use apartment community
- Transaction Amount: Undisclosed
- Address: 300 S Santa Fe Ave, Los Angeles, CA
- Market: Los Angeles
- Seller's Representative: Matthew Lawton (JLL), Sean Deasy (JLL)
- Buyer: Canada-based institutional investor
The sale of One Santa Fe was facilitated by the broker team from JLL Capital Markets, consisting of Blake Rogers, Matthew Lawton, and Sean Deasy. The property was part of a larger 13-property multifamily portfolio marketed by JLL on behalf of Berkshire Residential Investments, with this property being the final piece of the portfolio sold.
On the Map
Mixed-use
View full map
Players
Los Angeles Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Browse California mixed use sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93