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Demis Dokhanian Of JNM Realty Sells Los Angeles Multifamily Asset For $1.575M

Property Image
SOLD
$1,575,000

California

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MultiFamily10,976 SF
Sold 10/17/2025
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SOLD

Demis Dokhanian Of JNM Realty Sells Los Angeles Multifamily Asset For $1.575M

427 South Alvarado Street

See Similar Deals
MultiFamily10,976 SF
Sold 10/17/2025
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$143
Total Square Footage:10,976 SF
Transaction Type:Sale

The property asset involved in the transaction is a multifamily building located at 427 South Alvarado Street, Los Angeles. The sale price for the asset was $1,575,000, encompassing 16 units within a total square footage of 10,976. The price per unit was calculated at $98,437, with a price per square foot of $143.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,575,000
  • Units: 16
  • Square Footage: 10,976
  • Price Per Unit: $98,437
  • Price Per Square Foot: $143
  • Market: Los Angeles
  • Broker: Demis Dokhanian - JNM Realty

This transaction was sold off the market by JNM Realty, with Demis Dokhanian representing the interests in the deal. Interested parties seeking to buy or sell properties, or needing market insights, can contact Demis Dokhanian at (310) 270-6616 or via email at [email protected].

Players

Demis Dokhanian
JNM Realty
Demis Dokhanian
7 deals$16.5M volume
BROKER

Details

SOLD
IMAGE: Demis Dokhanian DATE: 10/17/2025 ADDRESS: 427 South Alvarado Street MARKET: Los Angeles ASSET TYPE: Multifamily BROKER: Demis Dokhanian (@Demis_D) - JNM Realty (@JNMRealty) SALE PRICE: $1,575,000 UNITS: 16 ~ PPU: $98,437 SF: 10,976 ~ PPSF: $143 NOTE FROM BROKER: Sold off market by JNM Realty. Please be in touch with Demis if you're looking to buy, sell, gain a pulse on the market, and anything else you may need in regard to your properties. Demis Dokhanian (310) 270-6616 [email protected]

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$84,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,595.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,466.30
Annual Debt Service$89,595.64