Updated Sep 12, 2025
Meetu Jain Purchases Multifamily Asset From Garth & Craig Edwards For $2.3 Million
11943 Grevillea Avenue
$2,300,000
$297/SF
Building Size
7,733 SF
Asset Type
MultiFamily
Closing
Sep 5, 2025
About this deal
AI
The property asset involved in the transaction is located at 11943 Grevillea Avenue in the market of Hawthorne. It is classified as a multifamily asset consisting of 10 units, totaling 7,733 square feet. The sale price for this property was set at $2,300,000, which translates to a price per unit of $230,000 and a price per square foot of $297.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,300,000
- Address: 11943 Grevillea Avenue
- Market: Hawthorne
- Units: 10
- Square Footage: 7,733
- Price per Unit: $230,000
- Price per Square Foot: $297
The buyer of this multifamily property is Meetu Jain, while the seller is Garth & Craig Edwards. The seller's representative in the transaction was Eric Chen, Brice Head, and Justino L. Fa’aola from CBRE.
On the Map
$2,300,000
$297/SF
MultiFamily
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Players
Hawthorne 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
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93