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3565 South Sepulveda Boulevard, 3420 Mentone Avenue & 3414 Keystone Avenue
FINANCED

Brian Asheghian Of Convoy Capital Arranges $6.79M Refinance For Los Angeles Multifamily

3565 South Sepulveda Boulevard, 3420 Mentone Avenue & 3414 Keystone Avenue

MultiFamily
88,350 SF
clock iconFinanced 56 days ago
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Summary

Loan
CALIFORNIA
MultiFamily
88,350 sqft

Three multifamily properties located at 3565 South Sepulveda Boulevard, 3420 Mentone Avenue, and 3414 Keystone Avenue in Los Angeles with a total of 38 units spanning 29,450 square feet were involved in a recent transaction. The loan amount for this deal was $6,790,000, secured for a refinance at a fixed rate of 5.875% over a 5-year term with Stepdown Prepay provisions.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $6,790,000
  • Market: Los Angeles
  • Units: 38
  • Square Footage: 29,450
  • Landlord: Bart Kaufman
  • Broker: Brian Asheghian - Convoy Capital

The key individuals involved in this transaction include Bart Kaufman as the landlord and Brian Asheghian from Convoy Capital as the representing broker. The loan terms specified a 5-year fixed rate of 5.875% with Stepdown Prepay, providing stability and predictability to the refinancing deal.

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Brian Asheghian
Convoy Capital -image
Director

Details

Deal Summary
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FINANCED
IMAGE: Brian Asheghian DATE: 05/23/2024 ADDRESS: 3565 South Sepulveda Boulevard, 3420 Mentone Avenue & 3414 Keystone Avenue MARKET: Los Angeles ASSET TYPE: Multifamily ~ UNITS: 38 ~ SF: 29,450 LANDLORD: Bart Kaufman BROKER: Brian Asheghian (@BAsheghian) - Convoy Capital LOAN AMOUNT: $6,790,000 LOAN TYPE: Refinance LOAN TERMS: 5 Year Fixed at 5.875% with Stepdown Prepay

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Address3565 South Sepulveda Boulevard, 3420 Mentone Avenue & 3414 Keystone Avenue

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