Bob Lee Sells Multifamily Property In Los Angeles For $2.25M With Justin Seigel & Tiana Coppel As Seller's Reps
SOLD
$2,250,000
+ 1
California
See Similar DealsMultiFamily3,700 SF
Sold 10/31/2025
SOLD
Bob Lee Sells Multifamily Property In Los Angeles For $2.25M With Justin Seigel & Tiana Coppel As Seller's Reps
10620 Holman Avenue
See Similar DealsMultiFamily3,700 SF
Sold 10/31/2025
+ 1
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$608
Total Square Footage:3,700 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$120,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,993.77
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,666.15
Annual Debt Service$127,993.77
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