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1557 West 36th Place

Brook Vinetz Sells Multifamily Asset In Los Angeles For $1.95M With Lyon Stahl Investment Real Estate
SOLDMultiFamily

Brook Vinetz Sells Multifamily Asset In Los Angeles For $1.95M With Lyon Stahl Investment Real Estate

1557 West 36th Place

$1,950,000

$301/SF

Building Size

6,478 SF

Asset Type

MultiFamily

Closing

Dec 31, 2024

AI

The property involved in this transaction is a multifamily asset located at 1557 West 36th Place in Los Angeles. The sale was completed for a total amount of $1,950,000, representing a price per unit of $278,571 across 7 units. The total square footage of the property is 6,478, which translates to a price per square foot of $301.

Summary of transaction details:

The deal was facilitated by three brokers from Lyon Stahl Investment Real Estate: Cameron Samimi, Kyle Soto, and Martin Ensbury, who represented the seller, Brook Vinetz, in this transaction.

Players

Cameron Samimi
Verified Badge

Cameron Samimi

Lyon Stahl Investment Real Estate

Broker

$141.4M

vol

51 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

8.13%

Cash-on-Cash

-2.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93