Updated Oct 19, 2026
Berkshire Acquires 1050 S Flower St Multifamily Property In Los Angeles For $128.5M
1050 S Flower St
$128,500,000
Building Size
—
Asset Type
MultiFamily
Closing
May 1, 2017
About this deal
AI
The property asset involved in this transaction is a MultiFamily building located at 1050 S Flower St in the Los Angeles market. The transaction occurred on 05/01/2017 and was purchased by Berkshire for a total price of $128,500,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $128,500,000.00
- Address: 1050 S Flower St
- Market: Los Angeles
- Buyer: Berkshire
- Broker: Derrek Ostrzyzek (CBRE)
Derrek Ostrzyzek represented the buyer, Berkshire, in this transaction. The closing of this deal highlights the involvement of brokerage CBRE, known for its expertise in property transactions.
On the Map
$128,500,000
MultiFamily
View full map
Players
Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse Los Angeles multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.12%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93