Updated Jan 31, 2025
Essex Property Trust Inc. Acquires Multifamily Asset At 801 S Hope St For $200M
801 S Hope St
$200,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Mar 1, 2015
About this deal
AI
The property involved in this transaction is a multi-family asset located at 801 S Hope St, Los Angeles. The transaction was finalized on March 1, 2015, with a total price of $200,000,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $200,000,000.00
- Address: 801 S Hope St
- Market: Los Angeles
- Buyer: Essex Property Trust, Inc.
- Brokers: Derrek Ostrzyzek - CBRE
Derrek Ostrzyzek from CBRE represented the buyer, Essex Property Trust, Inc., during this transaction, facilitating the deal and providing expert guidance throughout the process.
On the Map
$200,000,000
MultiFamily
View full map
Players
Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse Los Angeles multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.08%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93