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538 South Oxford Avenue

Jason Arasheben And Brandt Branandt Acquire Multifamily Property From Abra Management For $4.775M
SOLDMultiFamily

Jason Arasheben And Brandt Branandt Acquire Multifamily Property From Abra Management For $4.775M

538 South Oxford Avenue

$4,775,000

$276/SF

Building Size

17,280 SF

Asset Type

MultiFamily

Closing

Apr 6, 2026

AI

The multifamily property located at 538 South Oxford Avenue in Los Angeles has been sold for $4,775,000. The asset features 24 units and a total square footage of 17,280, resulting in a price per unit of $198,958 and a price per square foot of $276.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,775,000
  • Units: 24
  • Square Footage: 17,280
  • Price Per Unit: $198,958
  • Price Per Square Foot: $276
  • Buyer: Jason Arasheben & Brandt Branandt - Jason of Beverly Hills
  • Seller: Abra Management
  • Broker: Shaya Braverman - Keller Williams Realty
  • Date of Transaction: 04/06/2026

Shaya Braverman represented both the Seller and the Buyer in this transaction. The seller aimed to consolidate his portfolio, while the buyer sought to expand his presence in the market. Six offers were procured, and the property entered escrow in less than two weeks after listing.

Players

Shaya Braverman

Keller Williams Realty

Broker

$92.7M

vol

10 deals

Broker

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

3.32%

Cash-on-Cash

-0.95%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93