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17901 Crenshaw Boulevard

Ramona A. Marshall Of Ramona Marshall Trust Acquires Multifamily Asset From Noam Srol For $3.075M
SOLDMultiFamily

Ramona A. Marshall Of Ramona Marshall Trust Acquires Multifamily Asset From Noam Srol For $3.075M

17901 Crenshaw Boulevard

$3,075,000

$629/SF

Building Size

4,888 SF

Asset Type

MultiFamily

Closing

Apr 29, 2025

AI

The multifamily asset located at 17901 Crenshaw Boulevard in Torrance was sold for $3,075,000. The property spans 4,888 square feet, resulting in a price per square foot of $629.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,075,000
  • Buyer: Ramona A. Marshall - Ramona Marshall Trust
  • Seller: Noam Srol - Stock&Srol Capital
  • Broker: Benj Lester - Kape Property Management

Benj Lester from Kape Property Management previously managed the building and completed the lease-up prior to the sale, contributing valuable experience to the transaction.

Players

Benj Lester

Kape Property Management

Broker

$27.8M

vol

8 deals

Broker

Torrance 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

5.16%

Cash-on-Cash

-1.47%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93