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4151 3rd Avenue

Danny Monempour Acquires Multifamily Property From Kathryn James In Los Angeles For $2.65M
SOLDMultiFamily

Danny Monempour Acquires Multifamily Property From Kathryn James In Los Angeles For $2.65M

4151 3rd Avenue

$2,650,000

$177/SF

Building Size

14,900 SF

Asset Type

MultiFamily

Closing

Sep 30, 2025

AI

The multifamily property located at 4151 3rd Avenue in Los Angeles was sold for $2,650,000. The asset consists of 19 units, providing a price per unit of $139,473. The total square footage of the property is 14,900, resulting in a price per square foot of $177.

Summary of transation details:

This transaction involved key individuals representing both the buyer and seller. Danny Monempour acquired the property from Kathryn James with the assistance of brokers Mike Matthias and Zac Freehling, who facilitated the deal through Pacific Partners Real Estate Investments and Keller Williams Beverly Hills.

Players

Mike Matthias

Pacific Partners Real Estate Investments

Broker

$37M

vol

15 deals

Broker
Pacific Partners Real Estate Investments
Pacific Partners Real Estate InvestmentsBrokerage

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

5.99%

Cash-on-Cash

-1.71%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93