Updated May 11, 2026
Zvika Lipman Sells Multifamily Property At 2809 West 8th Street For $2,205,000
2809 West 8th Street
$2,205,000
$165/SF
Building Size
13,290 SF
Asset Type
MultiFamily
Closing
May 7, 2026
About this deal
AI
This multifamily asset located at 2809 West 8th Street in the Los Angeles market has a sale price of $2,205,000. The property consists of 24 units with a total square footage of 13,290, resulting in a price per unit of $91,875 and a price per square foot of $165.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,205,000
- Units: 24
- Square Footage: 13,290
- Price per Unit: $91,875
- Price per Square Foot: $165
- Seller: Zvika Lipman
- Brokers: Chase Simonton & John Sarna - Re/Max
- Date of Sale: 05/07/2026
Chase Simonton and John Sarna represented the seller, Zvika Lipman, in this transaction, facilitating the sale of the property within the competitive Los Angeles market.
On the Map
$2,205,000
$165/SF
MultiFamily
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Los Angeles MultiFamily Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.19%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93