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815 S Shenandoah St, Pico -...

Updated Oct 29, 2024

KG Capital Holding Acquires Multifamily Property In Pico, Robertson For $7.25M
SOLDMultiFamily

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.

Players

Sam Liberow

Marcus & Millichap

Broker

$775.3M

vol

108 deals

Broker

Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $339 per square foot on a published $7.3M for 21,360 square feet (2019).

Visit Sam Liberow to view all their deals.

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

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