Updated Oct 19, 2026
Derrek Ostrzyzek Of CBRE Represents Buyer Derrek Ostrzyzek In Los Angeles Multifamily Sale For $67.4M
685 S New Hampshire Ave
$67,400,000
Building Size
—
Asset Type
MultiFamily
Closing
Oct 1, 2017
About this deal
AI
The transaction involved a MultiFamily asset located at 685 S New Hampshire Ave in the Los Angeles market. The property was sold for a total amount of $67,400,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $67,400,000.00
- Sale Date: 10/01/2017
- Address: 685 S New Hampshire Ave
- Market: Los Angeles
- Broker: Derrek Ostrzyzek (CBRE)
- Buyer: Derrek Ostrzyzek (Berkshire)
Derrek Ostrzyzek represented the buyer in this transaction. The involvement of CBRE indicates a professional brokerage service was engaged in facilitating the sale.
On the Map
$67,400,000
MultiFamily
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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
0.24%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93