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David Weinberg Purchases Multifamily Property From Alfred Emailian For $2.4M In Los Angeles

Property Image
SOLD
$2,400,000
Spencer Chan

California

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MultiFamily14,006 SF
Sold 08/29/2025
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Property Image
SOLD

David Weinberg Purchases Multifamily Property From Alfred Emailian For $2.4M In Los Angeles

4505 Santa Rosalia Drive

See Similar Deals
MultiFamily14,006 SF
Sold 08/29/2025
Spencer Chan
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$171
Total Square Footage:14,006 SF
Transaction Type:Sale

The property asset involved in the transaction is a multifamily building located at 4505 Santa Rosalia Drive in the Los Angeles market. The sale price for this asset was $2,400,000, featuring a total of 14 units. The square footage of the property is 14,006, which breaks down to a price per unit of $171,428 and a price per square foot of $171.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,400,000
  • Units: 14
  • Square Footage: 14,006
  • Price Per Unit: $171,428
  • Price Per Square Foot: $171
  • Buyer: David Weinberg
  • Seller: Alfred Emailian
  • Brokers: Jake Glaser & Spencer Chan - Lyon Stahl Investment Real Estate

Key individuals in the deal include the buyer, David Weinberg, and the seller, Alfred Emailian. The transaction was facilitated by brokers Jake Glaser and Spencer Chan, representing Lyon Stahl Investment Real Estate in this multifamily asset sale.

Players

Jake Glaser
68 deals$158.2M volume(347) 461-6043
BROKER

Spencer Chan
Lyon Stahl Investment Real Estate
15 deals$33.4M volume(310) 259-2181
BROKER

Lyon Stahl Investment Real Estate
BROKERAGE

Details

SOLD
IMAGE: Jake Glaser & Spencer Chan DATE: 08/29/2025 ADDRESS: 4505 Santa Rosalia Drive MARKET: Los Angeles ASSET TYPE: Multifamily BUYER: David Weinberg SELLER: Alfred Emailian BROKERS: Jake Glaser (@TheGlaserGroup) & Spencer Chan (@SpencaChan) - Lyon Stahl Investment Real Estate (@LyonStahl) SALE PRICE: $2,400,000 UNITS: 14 ~ PPU: $171,428 SF: 14,006 ~ PPSF: $171 NOTE FROM BROKER: Read the full deal story @theglasergroup

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

$127,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,526.70
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,377.22
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