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1844 Thayer Avenue

Updated Nov 11, 2026

Frank A Grea Sells Multifamily Asset At 1844 Thayer Avenue Los Angeles For $4,500,000
SOLDMultiFamily

Frank A Grea Sells Multifamily Asset At 1844 Thayer Avenue Los Angeles For $4,500,000

1844 Thayer Avenue

$4,500,000

$322/SF

Building Size

13,968 SF

Asset Type

MultiFamily

Closing

Nov 6, 2026

About this deal

AI

The property asset involved in this transaction is a multifamily building located at 1844 Thayer Avenue in the Los Angeles market. The sale price for the asset was $4,500,000, which translates to seven individual units at a price per unit of $642,857. The total square footage of the property is 13,968, resulting in a price per square foot of $322.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,500,000
  • Units: 7
  • Price Per Unit: $642,857
  • Square Footage: 13,968
  • Price Per Square Foot: $322
  • Seller: Frank A Grea
  • Broker: Luc Whitlock - JLL
  • Transaction Date: 11/06/2026

The deal was facilitated by Luc Whitlock representing the broker agency JLL, highlighting the professional involvement in this significant transaction. The seller, Frank A Grea, executed the sale to transition ownership of the multifamily asset in the competitive Los Angeles market.

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$4,500,000

$322/SF

MultiFamily

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Players

Luc Whitlock

JLL

Broker

$99.8M

vol

8 deals

Broker
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Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $322 per square foot on a published $4.5M for 13,968 square feet (2026).

Visit Luc Whitlock to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.53%

Cash-on-Cash

-1.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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