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
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