Nathan Aframian Of Hudson 8 Acquires Multifamily Property From Sagestone Properties For $1.975M
738 North Hudson Avenue
$1,975,000
$403/SF
Building Size
4,895 SF
Asset Type
MultiFamily
Closing
Oct 20, 2025
AI
The transaction involved a multifamily property located at 738 North Hudson Avenue, in the Los Angeles market. The property features 8 units, total square footage of 4,895, and was sold for a sale price of $1,975,000. The price per unit stands at $246,875, while the price per square foot is $403.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,975,000
- Units: 8
- Square Footage: 4,895
- Price per Unit: $246,875
- Price per Square Foot: $403
- Buyer: Nathan Aframian - Hudson 8
- Seller: Sagestone Properties
- Buyer's Representative: Arash Pashaei - Keller Williams Realty
- Seller's Representative: Mark Ventre - Lyon Stahl
Nathan Aframian represented Hudson 8 as the buyer, while Sagestone Properties was the seller of the asset. Arash Pashaei from Keller Williams Realty acted as the buyer's representative, and Mark Ventre from Lyon Stahl represented the seller in this transaction.
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
8.03%
Cash-on-Cash
-2.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93