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4141 South Bronson Avenue

LWK Partners Acquires Multifamily Property In Los Angeles From Joe And Jacqueline Kimaz For $4.56M
SOLDMultiFamily

LWK Partners Acquires Multifamily Property In Los Angeles From Joe And Jacqueline Kimaz For $4.56M

4141 South Bronson Avenue & 4227 Leimert Boulevard

$4,560,115

$179/SF

Building Size

15,232 SF

Asset Type

MultiFamily

Closing

May 22, 2025

AI

The asset involved in this transaction is a multifamily property located at 4141 South Bronson Avenue and 4227 Leimert Boulevard in the Los Angeles market. It consists of 24 units, encompassing a total square footage of 15,232. The sale price was established at $4,560,115, resulting in a price per unit of $190,004 and a price per square foot of $299.

Summary of transaction details:

This transaction marks LWK's 23rd multifamily acquisition in the Greater Los Angeles area and is the first under their joint venture with Cypress Equity Investments.

Players

Drew McAllister

NRE Commercial

Broker

$15.8M

vol

4 deals

Broker

Austin Nissly

LWK Partners

Buyer

$68.1M

vol

7 deals

Buyer
LP
LWK PartnersBuyer

Joe Kimaz

Seller
Seller

Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.48%

Cash-on-Cash

-0.99%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93