facebook
Traded Co logo
Submit

David Ifediba Acquires Multifamily Property On 426 East 79th Street From Chris Barker For $890,000

Property Image
SOLD
$890,000

California

See Similar Deals
MultiFamily2,848 SF
Sold 11/06/2025
the dealplayerscompscontact
Property Image
SOLD

David Ifediba Acquires Multifamily Property On 426 East 79th Street From Chris Barker For $890,000

426 East 79th Street

See Similar Deals
MultiFamily2,848 SF
Sold 11/06/2025
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$312
Total Square Footage:2,848 SF
Transaction Type:Sale

The property involved in this transaction is a multifamily asset located at 426 East 79th Street in Los Angeles. The sale price was $890,000 for the building, which includes a total of 4 units and spans a square footage of 2,848. The price per unit is $222,500, and the price per square foot is $312.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $890,000
  • Units: 4
  • Square Footage: 2,848
  • Price per Unit: $222,500
  • Price per Square Foot: $312
  • Buyer: David Ifediba
  • Seller: Chris Barker
  • Broker: Taylor Avakian - Lyon Stahl Investment Real Estate
  • Note: 1 unit was delivered vacant

The broker involved in this transaction, Taylor Avakian from Lyon Stahl Investment Real Estate, facilitated the deal, representing the buyer, David Ifediba, and the seller, Chris Barker. The transaction reflects ongoing activity in the Los Angeles multifamily market, highlighting significant movement within the real estate sector.

Players

Taylor Avakian
Lyon Stahl Investment Real Estate
Taylor Avakian
53 deals$221.3M volume(916) 996-4421
BROKER

Details

SOLD
IMAGE: Taylor Avakian DATE: 11/06/2025 ADDRESS: 426 East 79th Street MARKET: Los Angeles ASSET TYPE: Multifamily BUYER: David Ifediba SELLER: Chris Barker BROKER: Taylor Avakian (@Taylor_Avakian) (@Thegroupcre) - Lyon Stahl Investment Real Estate (@LyonStahl) SALE PRICE: $890,000 UNITS: 4 ~ PPU: $222,500 SF: 2,848 ~ PPSF: $312 NOTE FROM BROKER: 1 unit was delivered vacant. Just closed on this 426 E 79th Street gem. Another apartment building successfully transitioned to a new owner in one of LA's most dynamic markets. The LA multifamily market keeps moving. If you're thinking about buying or selling an apartment building, let's talk about what makes sense for your portfolio. DM me or call 916-996-4421 Taylor Avakian The Group CRE [email protected]

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$47,466.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,161.97
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,219.05
Annual Debt Service$50,628.65