Jason Shillinger Acquires Multifamily Property From Trent Anderson In Los Angeles For $1.16M
SOLD
$1,160,000
California
See Similar DealsMultiFamily4,222 SF
Sold 03/17/2026
SOLD
Jason Shillinger Acquires Multifamily Property From Trent Anderson In Los Angeles For $1.16M
300 East 55th Street
See Similar DealsMultiFamily4,222 SF
Sold 03/17/2026
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$274
Total Square Footage:4,222 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$61,866.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,121.23
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,498.99
Annual Debt Service$65,987.90
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