Updated Dec 21, 2023
Casey Jacobs Acquires Multifamily Property In Los Angeles For $7.85M
2627 Brighton Ave, Los Angeles, CA, USA
$7,850,000
$1,199/SF
Building Size
6,542 SF
Asset Type
MultiFamily
Closing
Jul 14, 2021
About this deal
AI
The multifamily property located at 2627 Brighton Ave. in Los Angeles has been sold in a recent transaction. The property spans a total area of 6,542 square feet. The sale price for this asset was $7,850,000, resulting in a per square foot price of $1,200.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $7,850,000
- Square Footage: 6,542
- Price per Square Foot: $1,200
The buyer of this property was Casey Jacobs, while the seller was Leonid Golodnitski.
The multifamily sale at 2627 Brighton Ave, Los Angeles, CA, USA in Los Angeles, California sold for $7.9M in 2021. The building is 6,542 square feet, implying about 1.2K per square foot on the published price. Named participants on the 2627 Brighton Ave, Los Angeles, CA, USA sale are Leonid Golodnitski. This page is the Los Angeles, California file for the 2627 Brighton Ave, Los Angeles, CA, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles multifamily set by closing date to see what else sold near 2627 Brighton Ave, Los Angeles, CA, USA around 2021. Published consideration for 2627 Brighton Ave, Los Angeles, CA, USA is $7.9M, dated 2021. Cite this Casey Jacobs Acquires Multifamily Property In Los Angeles For $7.85M sale when underwriting similar multifamily product around Los Angeles, California.
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Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.02%
Cash-on-Cash
-0.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93