Updated Jan 31, 2025
Sares-Regis Group Acquires MultiFamily Property At 630 Masselin Ave In Los Angeles For $86.78M
630 Masselin Ave
$86,776,000
Building Size
—
Asset Type
MultiFamily
Closing
Jan 1, 2020
About this deal
AI
The property involved in this transaction is a MultiFamily asset located at 630 Masselin Ave in the Los Angeles market. The transaction was completed at a price of $86,776,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $86,776,000.00
- Address: 630 Masselin Ave
- Market: Los Angeles
- Broker: Derrek Ostrzyzek - CBRE
- Buyer: Sares-Regis Group
The transaction was brokered by Derrek Ostrzyzek of CBRE, representing the buyer, Sares-Regis Group, in the deal.
The multifamily sale at 630 Masselin Ave in Los Angeles, California sold for $86.8M in 2020. 630 Masselin Ave is classified as Multifamily on Traded. Derrek Ostrzyzek, CBRE appear on the sale alongside CBRE. This page is the Los Angeles, California file for the 630 Masselin Ave multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles multifamily set by closing date to see what else sold near 630 Masselin Ave around 2020. Published consideration for 630 Masselin Ave is $86.8M, dated 2020. Cite this Sares-Regis Group Acquires MultiFamily Property At 630 Masselin Ave In Los Angeles For $86.78M sale when underwriting similar multifamily product around Los Angeles, California.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.18%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93