Updated Oct 28, 2024
Jacob Cohan Acquires Apartment Building In Los Angeles For $12.2M
710 South Broadway, Los Angeles, California 90014, United States
$12,200,000
$274/SF
Building Size
44,400 SF
Asset Type
MultiFamily
Closing
Mar 30, 2022
About this deal
AI
The apartment building located at 710 S Broadway in Los Angeles, CA has been sold in a recent transaction. The property spans a total of 44,400 square feet, with a price per square foot of $274. The sale took place on March 31, 2022, and the total transaction amount was $12,200,000.
Summary of transation details
- Property Type: Apartment
- Transaction Amount: $12,200,000
The buyer of the property is Jacob Cohan, while the seller is Gill Family Properties. Additional information about the deal and the individuals involved is not available.
Players
Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Jacob Cohan to view all their deals.
Browse California multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.30%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93