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2647 South Barrington Avenue

Emmett Ochs Receives $8 Million Loan For Multifamily Refinance In Los Angeles
FINANCEDMultiFamily

Emmett Ochs Receives $8 Million Loan For Multifamily Refinance In Los Angeles

2647 South Barrington Avenue & 3353 Shelby Drive

$8,000,000

Building Size

Asset Type

MultiFamily

Closing

Feb 27, 2026

AI

The property involved in this transaction is a multifamily asset located at 2647 South Barrington Avenue & 3353 Shelby Drive in the Los Angeles market. The transaction was executed with a loan amount of $8,000,000 for refinancing purposes.

Summary of transaction details:

The deal featured Emmett Ochs as the landlord, with financing handled by Marc Schillinger, Keaton Yellin, and Thomas Gonzalez, all representing JLL as the lender's representatives, facilitating the refinancing process for the property.

Players

Marc Schillinger

JLL

Broker

$2.2B

vol

50 deals

Broker
Keaton Yellin
Verified Badge

Keaton Yellin

JLL

Broker

$750.7M

vol

26 deals

Broker

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

1.98%

Cash-on-Cash

-0.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93