Updated Oct 29, 2024
KG Capital Holding Acquires Multifamily Property In Pico, Robertson For $7.25M
815 S Shenandoah St, Pico - Robertson, Los Angeles, CA, USA
$7,250,000
$339/SF
Building Size
21,360 SF
Asset Type
MultiFamily
Closing
Aug 6, 2019
About this deal
AI
KG Capital Holding has acquired a multifamily asset located at 815 S Shenandoah St in the Pico, Robertson market. The property was sold by 815 S Shenandoah LLC for a total price of $7,250,000. Spanning a total area of 21,360 square feet, the price per square foot for the transaction was $339.42. One unit within the property was vacant at the time of the closing of escrow. Sam Liberow from the Liberow Group represented both the buyer, KG Capital Holding, and the seller, 815 S Shenandoah LLC, in this transaction.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $7,250,000
- Address: 815 S Shenandoah St
- Market: Pico, Robertson
This transaction was facilitated by Sam Liberow from the Liberow Group, who represented both KG Capital Holding and 815 S Shenandoah LLC. The involvement of Sam Liberow as the broker highlights the importance of professional representation in closed property transactions.
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
2.19%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93