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.
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