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
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