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5955 Saturn St, Los Angeles...

Saeed Kohanoff Acquires Multifamily Property On Saturn St For $19.2M
SOLDMultiFamily

Saeed Kohanoff Acquires Multifamily Property On Saturn St For $19.2M

5955 Saturn St, Los Angeles, CA 90035, USA

$19,200,000

$33,391/SF

Building Size

575 SF

Asset Type

MultiFamily

Closing

Aug 13, 2020

AI

The multifamily property located at 5955 Saturn St has been sold in a closed transaction. The property consists of 30 units and was sold for a total price of $19,200,000. This translates to a price per unit of $640,000. The sale of the property took place on August 14, 2020.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $19,200,000
  • Address: 5955 Saturn St
  • Units: 30
  • Price Per Unit: $640,000

Saeed Kohanoff was the buyer in this transaction, while Justin Kohanoff represented the buyer as the broker.

Players

Justin Kohanoff

Broker

$107.5M

vol

12 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

0.83%

Cash-on-Cash

-0.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93