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10620 Holman Avenue

Bob Lee Sells Multifamily Property In Los Angeles For $2.25M With Justin Seigel & Tiana Coppel As Seller's Reps
SOLDMultiFamily

Bob Lee Sells Multifamily Property In Los Angeles For $2.25M With Justin Seigel & Tiana Coppel As Seller's Reps

10620 Holman Avenue

$2,250,000

$608/SF

Building Size

3,700 SF

Asset Type

MultiFamily

Closing

Oct 31, 2025

AI

The asset involved in this transaction is a multifamily property located at 10620 Holman Avenue in Los Angeles. The property consists of 4 units with a total square footage of 3,700. It was sold for $2,250,000, resulting in a price per unit of $562,500 and a price per square foot of $608.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,250,000
  • Units: 4
  • Square Footage: 3,700
  • Price Per Unit: $562,500
  • Price Per Square Foot: $608
  • Seller: Bob Lee
  • Buyer’s Representative: Aaron Jacobson & Lobat Pourmoussa - Lyon Stahl Investment Real Estate
  • Seller’s Representative: Justin Seigel & Tiana Coppel - ADR Preferred Business Properties

The buyers were represented by Aaron Jacobson and Lobat Pourmoussa from Lyon Stahl Investment Real Estate, while Justin Seigel and Tiana Coppel from ADR Preferred Business Properties represented the seller. This sale highlights the collaboration between experienced representatives in the multifamily property sector.

Players

Justin Seigel

ADR Preferred Business Properties

Broker

$29.5M

vol

13 deals

Broker
Lyon Stahl Investment Real Estate
Lyon Stahl Investment Real EstateBrokerage

Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.05%

Cash-on-Cash

-2.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93