Updated Mar 9, 2026
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
About this deal
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:
- Property Type: Multifamily
- Transaction Amount: $8,000,000
- Landlord: Emmett Ochs
- Lender's Representative: Marc Schillinger, Keaton Yellin & Thomas Gonzalez - JLL
- Loan Type: Refinance
- Transaction Date: 02/27/2026
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.
On the Map
$8,000,000
MultiFamily
View full map
Players
Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Deal FAQ
Browse Los Angeles multifamily loans on Traded.
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