Jonathan Sedaghat Purchases Multifamily Property From Barry Silverman For $4.7 Million In Los Angeles
3320 Woodbine Street & 3328 Woodbine Street
$4,700,000
$304/SF
Building Size
15,432 SF
Asset Type
MultiFamily
Closing
Jun 4, 2025
AI
The transaction involved a multifamily asset located at 3320 Woodbine Street and 3328 Woodbine Street in the Los Angeles market. The property was sold for $4,700,000, featuring a total area of 9,143 square feet, translating to a price per square foot of $514.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,700,000
- Address: 3320 Woodbine Street & 3328 Woodbine Street
- Market: Los Angeles
- Square Footage: 9,143
- Price Per Square Foot: $514
- Buyer: Jonathan Sedaghat
- Seller: Barry Silverman
- Buyer's Representative: Chase Simonton & Robert Carlile - Re/Max
- Seller's Representatives: David Weinberger - Keller Williams Realty; Megan Husri - The Seymour Weinberger Group
The deal was finalized on June 4, 2025, involving key individuals representing both the buyer and seller. Chase Simonton and Robert Carlile represented the buyer, while David Weinberger and Megan Husri acted as representatives for the seller, highlighting a coordinated effort among the agents in this transaction.
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
3.38%
Cash-on-Cash
-0.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93