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1549 West 59th Place

Zane Umeh Purchases Multifamily Property From Ari Sabin In Los Angeles For $1.095M
SOLDMultiFamily

Zane Umeh Purchases Multifamily Property From Ari Sabin In Los Angeles For $1.095M

1549 West 59th Place

$1,095,000

$531/SF

Building Size

2,060 SF

Asset Type

MultiFamily

Closing

Dec 12, 2025

AI

The transaction involved a multifamily tri-plex located at 1548 W 59th Place in Los Angeles, CA. The sale price was $1,095,000, with 3 units, resulting in a price per unit of $365,000. The total square footage of the property is 2,060, leading to a price per square foot of $531.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,095,000
  • Units: 3
  • Price Per Unit: $365,000
  • Square Footage: 2,060
  • Price Per Square Foot: $531
  • Buyer: Zane Umeh
  • Seller: Ari Sabin
  • Brokers: Brandon Maghen & Aaron Jacobson - Lyon Stahl Investment Real Estate
  • Date of Sale: 12/12/2025

Brandon Maghen and Aaron Jacobson, representing the seller, successfully navigated the sale with a comprehensive marketing strategy and established relationships with active buyers in the neighborhood. They ensured a seamless transaction process from commencement to completion, maintaining efficiency and certainty for their client.

Players

Aaron Jacobson

Lyon Stahl Investment Real Estate

Broker

$46.7M

vol

19 deals

Broker

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

14.49%

Cash-on-Cash

-4.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93