Updated Dec 21, 2023
Kevin Bramial Acquires Multifamily Property In Brentwood For $12.8M
11635 Mayfield Avenue, Los Angeles, California 90049, United States
$12,775,000
$519/SF
Building Size
24,584 SF
Asset Type
MultiFamily
Closing
Apr 20, 2022
About this deal
AI
The multifamily property located at 11635-11645 Mayfield Avenue in Brentwood has been sold for $12,775,000. The transaction took place on April 21, 2022. The property consists of 25 units, with an average price per unit of $511,000. The total square footage of the property is approximately 24,584, resulting in a price per square foot of $519.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $12,775,000
- Units: 25
- Price Per Unit: $511,000
- Square Footage: 24,584
- Price Per Square Foot: $519
- Address: 11635-11645 Mayfield Avenue, Brentwood
- Market: Brentwood
The buyer of the property is Kevin Bramial, while the seller is Marita Swanson. The transaction was facilitated by Jonathan Taksa from Taksa Investment Group.
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
1.24%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93