Updated Jun 2, 2026
Bryan Cranty Acquires Multifamily In West Los Angeles For $15.2M
1309 Amherst Avenue, Los Angeles, California 90025, United States
$15,200,000
$581/SF
Building Size
26,155 SF
Asset Type
MultiFamily
Closing
Mar 31, 2022
About this deal
AI
A multifamily property located at 1309 Amherst Ave in West Los Angeles has been sold in a recent transaction. The property consists of 28 units with a total square footage of 26,155. The sale price for this transaction was $15,200,000, resulting in a price per unit of $542,857 and a price per square foot of $581.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $15,200,000
- Units: 28
- Price per Unit: $542,857
- Square Footage: 26,155
- Price per Square Foot: $581
Bryan Cranty acquired the property from Jeffrey Newman. The deal was facilitated by Jonathan Taksa from Taksa Investment Group, acting as the buyer's representative. The loan for this transaction was brokered by Marc Schillinger.
On the Map
$15,200,000
$581/SF
MultiFamily
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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
1.04%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93