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1136 West 6th Street

Yi-Lan Sun Acquires Multifamily Property In Downtown Los Angeles For $17.5M
SOLDMultiFamily

Yi-Lan Sun Acquires Multifamily Property In Downtown Los Angeles For $17.5M

1136 West 6th Street

$17,500,000

$387/SF

Building Size

45,138 SF

Asset Type

MultiFamily

Closing

Mar 30, 2023

AI

A multifamily property located at 1136 West 6th Street in Downtown Los Angeles has been sold for $17,500,000. The property consists of 42 units, with a price per unit of $416,667. The total square footage of the property is 45,138, with a price per square foot of $388.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $17,500,000
  • Address: 1136 West 6th Street
  • Market: Downtown Los Angeles
  • Units: 42
  • Price Per Unit: $416,667
  • Square Footage: 45,138
  • Price Per Square Foot: $388

The buyer of the property is Yi-Lan Sun, while the seller is Holualoa Cos. represented by Jason Aftalion. The brokers involved in the deal are Janet Neman from Kidder Mathews and the advisor for the transaction is Jason Aftalion from Teva Properties.

Players

Janet Neman

Kidder Mathews

Broker

$483.6M

vol

26 deals

Broker
HC
Holualoa Cos.Seller

Market 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

0.91%

Cash-on-Cash

-0.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93