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2744 South Redondo Boulevard

Updated Aug 21, 2026

John & Mitsuko Christainsen Acquire Multifamily Property In Los Angeles For $1,575,000 From Dave Witherow
SOLDMultiFamily

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:

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

Aaron Jacobson

Lyon Stahl Investment Real Estate

Broker

$48.3M

vol

20 deals

Broker

John Christainsen

Buyer

$1.6M

vol

1 deal

Buyer

Dave Witherow

Seller

$1.6M

vol

1 deal

Seller

Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $360 per square foot on a published $1.6M for 4,372 square feet (2026).

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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

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