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Bill Scap Purchases Multifamily Property At 1442 Lucile Avenue Los Angeles For $2.92M

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SOLD
$2,920,000

California

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MultiFamily8,078 SF
Sold 01/22/2026
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SOLD

Bill Scap Purchases Multifamily Property At 1442 Lucile Avenue Los Angeles For $2.92M

1442 Lucile Avenue

See Similar Deals
MultiFamily8,078 SF
Sold 01/22/2026
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$361
Total Square Footage:8,078 SF
Transaction Type:Sale

The property asset involved in this transaction is a multifamily building located at 1442 Lucile Avenue in the Los Angeles market. The sale occurred at a transaction amount of $2,920,000, comprising 12 units and offering a total square footage of 8,078. The price per unit amounts to $243,333, while the price per square foot stands at $361.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,920,000
  • Units: 12
  • Square Footage: 8,078
  • Price per Unit: $243,333
  • Price per Square Foot: $361
  • Buyer: Bill Scap
  • Seller: Harold Wisehaupt
  • Buyer’s Representative: Michael Kamara - The Kamara Multifamily Group
  • Seller’s Representative: Michael Sterman - Marcus & Millichap

This transaction highlights the involvement of key individuals, with Bill Scap identified as the buyer and Harold Wisehaupt as the seller. The deal was facilitated by Michael Kamara representing the buyer through The Kamara Multifamily Group, while Michael Sterman played the role of seller's representative for Marcus & Millichap.

Players

Michael Sterman
39 deals$307.7M volume(818) 943-2319
BROKER

Michael Kamara
20 deals$60.4M volume(310) 666-5837
BROKER

Marcus & Millichap
BROKERAGE

Details

SOLD
IMAGE: Michael Kamara & Michael Sterman DATE: 01/22/2026 ADDRESS: 1442 Lucile Avenue MARKET: Los Angeles ASSET TYPE: Multifamily BUYER: Bill Scap SELLER: Harold Wisehaupt BUYER & SELLER'S REP: Michael Kamara (@MDKamara) - The Kamara Multifamily Group (@TheKamaraMultifamilyGroup); Michael Sterman (@Mikeylikezit) - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $2,920,000 UNITS: 12 ~ PPU: $243,333 SF: 8,078 ~ PPSF: $361

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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