Updated Sep 11, 2026
Cushman & Wakefield Sells Los Angeles Office Portfolio For $38.6M
1820 Industrial Street & 1811-1909 E 7th St
$38,600,000
$627/SF
Building Size
61,552 SF
Asset Type
MultiFamily
Closing
Feb 15, 2023
About this deal
AI
The property involved in this closed transaction is a portfolio consisting of two buildings located at 1820 Industrial Street and 1811-1909 E 7th St in Los Angeles. The property falls under the asset type of office. The transaction took place on 02/15/2023.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $38,600,000
- Building Square Footage: 40,000
- Lot Square Footage: 22,000
- Address: 1820 Industrial Street & 1811-1909 E 7th St, Los Angeles
The sellers were represented by Mike Condon Jr., Erica Finck, Brittany Winn, McKenna Gaskill, and Connor Martin from Cushman & Wakefield. The buyer's representative in the deal was Scott Fraizer from Lee & Associates.
On the Map
$38,600,000
$627/SF
MultiFamily
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Players
Market 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
0.41%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93