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:
- Property Type: Multifamily
- Transaction Amount: $1,525,000
- Address: 4567 Pickford Street
- Market: Los Angeles
- Units: 10
- PPU: $152,500
- SF: 5,817
- PPSF: $262
- Buyer: Danny Monempour
- Seller: Richard Kissel
- Buyer's Representative: Zac Freehling & Mike Matthias - Pacific Partners Real Estate Investments - Keller Williams Beverly Hills
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
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