Avi Ryzman Acquires Multifamily Asset From Barbara Spilberg In Los Angeles For $4.525M
SOLD
$4,525,000
California
See Similar DealsMultiFamily30,176 SF
Sold 10/09/2024
SOLD
Avi Ryzman Acquires Multifamily Asset From Barbara Spilberg In Los Angeles For $4.525M
624 South Dunsmuir Avenue & 630 South Dunsmuir Avenue
See Similar DealsMultiFamily30,176 SF
Sold 10/09/2024
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$150
Total Square Footage:30,176 SF
Transaction Type:Sale
The property involved in this transaction is located at 624 & 630 South Dunsmuir Avenue in Los Angeles. This multifamily asset encompasses 16 units with a sale price of $4,525,000. The total square footage for the property is 15,088, leading to a price per unit of $282,812 and a price per square foot of $299.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,525,000
- Units: 16
- Square Footage: 15,088
- Price Per Unit: $282,812
- Price Per Square Foot: $299
- Buyer: Avi Ryzman
- Seller: Barbara Spilberg
- Broker: Jake Glaser - Lyon Stahl Investment Real Estate
The individuals involved in this transaction include Avi Ryzman, who has acquired the property, and Barbara Spilberg, the seller. The deal was facilitated by Jake Glaser representing the broker Lyon Stahl Investment Real Estate, highlighting the collaboration between the parties in this multifamily real estate transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$241,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$16,076.38
Cash-on-Cash Return-1.27%
Monthly Debt Service$21,450.81
Annual Debt Service$257,409.70
Is there something missing? Send suggestions