Updated Sep 11, 2026
Yunsung Kim Acquires 27-Unit Multifamily Building In Los Angeles For $13.7M
552 North Hobart Boulevard
$13,700,000
$504/SF
Building Size
27,153 SF
Asset Type
MultiFamily
Closing
Oct 18, 2022
About this deal
AI
A multifamily property located at 552 N Hobart Blvd in Los Angeles, CA has been sold for a price of $13,700,000. This property consists of 27 units, with an average price per unit of $507,407. The total square footage of the property is 27,153, resulting in a price per square foot of $505.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $13,700,000
- Units: 27
- Price per Unit: $507,407
- Square Footage: 27,153
- Price per Square Foot: $505
- Address: 552 N Hobart Blvd, Los Angeles, CA
The buyer of this property is Yunsung Kim, while the seller is Daniel Dunkleman. The deal was facilitated by Jordan Asheghian, Tony Azzi, and Nader Ghadoushi from Marcus & Millichap.
On the Map
$13,700,000
$504/SF
MultiFamily
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.16%
Cash-on-Cash
-0.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93