facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Multifamily

/

Sale

/

1654 West Florence Avenue, ...

Amir Ohebsion Sells Multifamily Property In South Los Angeles For $49.5M
SOLDMultiFamily

Amir Ohebsion Sells Multifamily Property In South Los Angeles For $49.5M

1654 West Florence Avenue, Los Angeles, California 90047, United States

$49,500,000

$659/SF

Building Size

75,105 SF

Asset Type

MultiFamily

Closing

May 5, 2022

AI

The multifamily property located at 1654 W. Florence Ave. in South Los Angeles has been sold for a total of $49,500,000. This transaction, which took place on 05/06/2022, involved a property with 128 units, resulting in a price per unit of $386,718. The total square footage of the property is 75,105, resulting in a price per square foot of $659. The sale of this property was facilitated by broker Sam Liberow from The Liberow Group, a part of Marcus & Millichap.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $49,500,000
  • Address: 1654 W. Florence Ave.
  • Market: South Los Angeles
  • Units: 128
  • Price per Unit: $386,718
  • Square Footage: 75,105
  • Price per Square Foot: $659
  • Seller: Amir Ohebsion
  • Broker: Sam Liberow (The Liberow Group) - Marcus & Millichap

This successful sale was made possible by the collaboration between seller Amir Ohebsion and broker Sam Liberow from The Liberow Group, who represented the seller in this transaction. Together, they achieved a significant sale price for this multifamily property in South Los Angeles.

Players

Sam Liberow

Marcus & Millichap

Broker

$762.3M

vol

105 deals

Broker

Amir Ohebsion

Seller

$51.6M

vol

2 deals

Seller

Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.32%

Cash-on-Cash

-0.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93