Updated Jul 28, 2026
Deepak Mehta's Xenon Investment Corp Acquires Multifamily Property In Los Angeles For $17.4M
314 South Virgil Avenue, Los Angeles, CA 90020
$17,440,000
Building Size
—
Asset Type
MultiFamily
Closing
Aug 4, 2020
About this deal
AI
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $17,440,000
- Address: 310-314 S. Virgil Ave.
- Market: Los Angeles
The multifamily sale at 314 South Virgil Avenue, Los Angeles, CA 90020 in Los Angeles, California sold for $17.4M in 2020. 314 South Virgil Avenue, Los Angeles, CA 90020 is classified as Multifamily on Traded. Named participants on the 314 South Virgil Avenue, Los Angeles, CA 90020 sale are Peter Strauss, Deepak Mehta, Anthony Tahan. This page is the Los Angeles, California file for the 314 South Virgil Avenue, Los Angeles, CA 90020 multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles multifamily set by closing date to see what else sold near 314 South Virgil Avenue, Los Angeles, CA 90020 around 2020. Published consideration for 314 South Virgil Avenue, Los Angeles, CA 90020 is $17.4M, dated 2020. Cite this Deepak Mehta's Xenon Investment Corp Acquires Multifamily Property In Los Angeles For $17.4M sale when underwriting similar multifamily product around Los Angeles, California.
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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
0.91%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93