Brian Dror Acquires Multifamily Property In Brentwood For $5.8M
11832 Kiowa Avenue, Los Angeles, California 90049, United States
$5,800,000
$651/SF
Building Size
8,902 SF
Asset Type
MultiFamily
Closing
Jun 6, 2022
AI
A multifamily property located at 11832 Kiowa Ave in Brentwood was recently sold for a total price of $5,800,000. The property consists of 9 units with an average price per unit of $644,444. The total square footage of the property is 8,902, resulting in a price per square foot of $651.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,800,000
- Units: 9
- Price Per Unit: $644,444
- Square Footage: 8,902
- Price Per Square Foot: $651
- Address: 11832 Kiowa Ave
- Market: Brentwood
The buyer of the property was Brian Dror, while the seller was Jeffrey Nemoy. The transaction was facilitated by Jonathan Taksa and Jake Plewa from Taksa Investment Group.
Players
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
2.73%
Cash-on-Cash
-0.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93