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.
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