Updated Aug 21, 2026
John & Mitsuko Christainsen Acquire Multifamily Property In Los Angeles For $1,575,000 From Dave Witherow
2744 South Redondo Boulevard
$1,575,000
$360/SF
Building Size
4,372 SF
Asset Type
MultiFamily
Closing
Aug 18, 2026
About this deal
AI
A multifamily property located at 2744 South Redondo Boulevard in Los Angeles has been sold. The transaction was finalized at a price of $1,575,000, representing a price per unit of $393,750. The asset comprises 4 units and covers a total area of 4,372 square feet, equating to a price per square foot of $360.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,575,000
- Units: 4
- Price Per Unit: $393,750
- Square Footage: 4,372
- Price Per Square Foot: $360
- Buyer: John & Mitsuko Christainsen
- Seller: Dave Witherow
- Broker Representatives: Brandon Maghen & Aaron Jacobson - Lyon Stahl Investment Real Estate
- Date of Transaction: 08/18/2026
- Market: Los Angeles
Brandon Maghen and Aaron Jacobson played crucial roles in facilitating the sale of this property, ensuring the seller's interests were prioritized throughout the transaction. Their approach included addressing buyer requests for substantial work during escrow, navigating potential challenges with clear communication and problem-solving strategies, ultimately leading to a successful closing.
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
10.07%
Cash-on-Cash
-2.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93