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4567 Pickford Street

Danny Monempour Purchases Los Angeles Multifamily Property From Richard Kissel For $1.525M
SOLDMultiFamily

Danny Monempour Purchases Los Angeles Multifamily Property From Richard Kissel For $1.525M

4567 Pickford Street

$1,525,000

$262/SF

Building Size

5,817 SF

Asset Type

MultiFamily

Closing

Sep 17, 2025

AI

The property involved in this transaction is a multifamily asset located at 4567 Pickford Street in the Los Angeles market. The sale price for the property was $1,525,000. This multifamily unit consists of 10 units, with a price per unit of $152,500. The total square footage of the property is 5,817, resulting in a price per square foot of $262.

Summary of transaction details:

This transaction involved key personnel including the buyer, Danny Monempour, and the seller, Richard Kissel. The buyer was represented by Zac Freehling and Mike Matthias from Pacific Partners Real Estate Investments, who operate under 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

10.40%

Cash-on-Cash

-2.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93