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409 West Olympic Boulevard

Updated Sep 2, 2026

Bilt advertisement
Daniel Emein & Kami Emein Of Government Funding Inc Secures $14.7M Refinance For Multifamily Asset In Los Angeles
FINANCEDMultiFamily

Daniel Emein & Kami Emein Of Government Funding Inc Secures $14.7M Refinance For Multifamily Asset In Los Angeles

409 West Olympic Boulevard

$14,700,000

Units

79

Asset Type

MultiFamily

Closing

Jan 22, 2026

About this deal

AI

The asset involved in this transaction is a multifamily property located at 409 West Olympic Boulevard in Los Angeles, consisting of 79 units. The loan amount secured for this property is $14,700,000, categorized as a refinance. The loan terms include a 5-year due date with a 30-year amortization period.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $14,700,000
  • Loan Type: Refinance
  • Loan Terms: 5-years due / 30-years amortization
  • Address: 409 West Olympic Boulevard
  • Market: Los Angeles
  • Units: 79
  • Brokers: Daniel Emein & Kami Emein - Government Funding Inc

Daniel Emein and Kami Emein are the brokers representing this refinancing deal through Government Funding Inc. They played a critical role in facilitating the transaction through their expertise in financing multifamily assets in the Los Angeles market.

Players

Daniel Emein

Government Funding Inc

Broker

$4.5M

vol

2 deals

Broker
Daniel Emein

Daniel Emein

Government Funding Inc

Originator

$4.5M

vol

2 deals

Originator

Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Deal FAQ

About $186.1K per unit across 79 units on a published $14.7M (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.08%

Cash-on-Cash

-0.31%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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