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12121 Wilshire Boulevard

Jonny Soleimani Of PSRS Secures $14.8M Refinance Loan For 45-Unit Multifamily Property In Los Angeles
FINANCEDMultiFamily

Jonny Soleimani Of PSRS Secures $14.8M Refinance Loan For 45-Unit Multifamily Property In Los Angeles

$14,800,000

$224/SF

Building Size

65,925 SF

Asset Type

MultiFamily

Closing

Aug 4, 2025

AI

This multifamily asset comprises 45 live/work loft units, totaling 65,925 square feet, located in the Los Angeles market. The property was involved in a refinance loan transaction amounting to $14,800,000, with terms set for 5 years at a sub-5.50% interest rate.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $14,800,000
  • Loan Type: Refinance
  • Loan Terms: 5 Years
  • Units: 45
  • Square Footage: 65,925
  • Broker: Jonny Soleimani - PSRS- Pacific Southwest Realty Services
  • Date: 08/04/2025

Jonny Soleimani represented the transaction as the broker from Pacific Southwest Realty Services. His contact information is 310-471-1998 and [email protected].

Players

Jonny Soleimani

PSRS- Pacific Southwest Realty Services

Broker

$199.8M

vol

16 deals

Broker
PSRS- Pacific Southwest Realty Services
PSRS- Pacific Southwest Realty ServicesBrokerage

Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.07%

Cash-on-Cash

-0.31%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93