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

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SOLD
$19,200,000

California

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MultiFamily575 SF
Sold 08/14/2020
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Property Image
SOLD

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

5955 Saturn St, Los Angeles, CA 90035, USA

See Similar Deals
MultiFamily575 SF
Sold 08/14/2020
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$33,391
Total Square Footage:575 SF
Transaction Type:Sale

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
Justin Kohanoff
12 deals$107.5M volume
BROKER

Details

SOLD
IMAGE: IMAGE: @TheJustinKohanoff & Saeed Kohanoff DATE: 08/14/2020 ADDRESS: 5955 Saturn St ASSET TYPE: Multifamily BUYER: Saeed Kohanoff BROKER: Justin Kohanoff (@TheJustinKohanoff) PRICE: $19,200,000 UNITS: 30 PPU: $640,000

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$68,213.54
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