Jason Shillinger Acquires Multifamily Property From Trent Anderson In Los Angeles For $1.16M
300 East 55th Street
$1,160,000
$274/SF
Building Size
4,222 SF
Asset Type
MultiFamily
Closing
Mar 17, 2026
AI
The property asset involved in this transaction is a multifamily building located at 300 East 55th Street in Los Angeles. It includes a total of 7 units with a sale price of $1,160,000. The building encompasses a total square footage of 4,222, resulting in a price per unit of $165,714 and a price per square foot of $274.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,160,000
- Address: 300 East 55th Street
- Market: Los Angeles
- Units: 7
- Price Per Unit: $165,714
- Square Footage: 4,222
- Price Per Square Foot: $274
- Buyer: Jason Shillinger
- Seller: Trent Anderson
- Brokers: Brandon Maghen & Aaron Jacobson - Lyon Stahl Investment Real Estate
Key individuals involved in the deal include buyer Jason Shillinger and seller Trent Anderson, with the brokers Brandon Maghen and Aaron Jacobson representing them through Lyon Stahl Investment Real Estate.
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
13.68%
Cash-on-Cash
-3.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93