Updated Oct 19, 2026
Kian Family Partnership Purchases MultiFamily Asset In Los Angeles For $1.15M
2024 7th Ave
$1,150,000
Building Size
—
Asset Type
MultiFamily
Closing
Mar 19, 2023
About this deal
AI
The property involved in this transaction is a MultiFamily asset located at 2024 7th Ave in Los Angeles. The property was sold for $1,150,000.00, reflecting its market value at the time of the sale.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,150,000.00
- Sale Date: 03/19/2023
- Address: 2024 7th Ave
- Market: Los Angeles
- Buyer: Kian Family Partnership
- Broker: Chandler Rockwell - The Rockwell Group
Chandler Rockwell represented the seller in this real estate transaction. The buyer, Kian Family Partnership, acquired the property from the market represented by The Rockwell Group.
On the Map
$1,150,000
MultiFamily
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Players
Los Angeles 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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93