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.
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