Updated Oct 13, 2026
Clement Capital Acquires East Hollywood Multifamily For $5.3M
548 N Westmoreland Ave, Central LA, Los Angeles, CA, USA
$5,345,000
$548/SF
Building Size
9,744 SF
Asset Type
MultiFamily
Closing
Dec 16, 2020
About this deal
AI
A multifamily property in East Hollywood has been sold for a total of $5,345,000. The property, located at 548 N Westmoreland Ave, 604 N Serrano Ave, and 825 N Hobart Blvd, consists of 19 units. The price per unit comes out to $281,315.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,345,000
- Address: 548 N Westmoreland Ave, 604 N Serrano Ave, 825 N Hobart Blvd
- Market: East Hollywood
- Buyer: Clement Capital - Kip Kolodziejski
- Seller: Pedroza Family Trust
- Broker: Andy Kawatra @Gettinswiggywitit
The buyer in this transaction was Clement Capital, represented by Kip Kolodziejski. The seller was the Pedroza Family Trust. The deal was facilitated by broker Andy Kawatra from Gettinswiggywitit.
On the Map
$5,345,000
$548/SF
MultiFamily
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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
2.97%
Cash-on-Cash
-0.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93