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Jacob Brandon Purchases Multifamily Property From Albert Lin Trust In Los Angeles For $2.6M

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SOLD
$2,600,000

California

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MultiFamily11,125 SF
Sold 03/19/2025
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Property Image
SOLD

Jacob Brandon Purchases Multifamily Property From Albert Lin Trust In Los Angeles For $2.6M

830 South Bonnie Brae Street

See Similar Deals
MultiFamily11,125 SF
Sold 03/19/2025
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$233
Total Square Footage:11,125 SF
Transaction Type:Sale

The property asset involved in the transaction is a multifamily unit located at 830 South Bonnie Brae Street in the Los Angeles market. The sale price was $2,600,000, with a total of 20 units available. The property has a total square footage of 11,125 and a price per square foot of $233.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,600,000
  • Units: 20
  • Price Per Unit: $130,000
  • Square Footage: 11,125
  • Price Per Square Foot: $233
  • Buyer: Jacob Brandon
  • Seller: Albert Lin
  • Broker: Jordan Asheghian - Lyon Stahl Investment Real Estate
  • Offers Generated: 8
  • Offer Type: Selected Non Contingent Offer
  • Closing Terms: 45 Day All Cash Closing

This transaction was facilitated by Jordan Asheghian, who represents Lyon Stahl Investment Real Estate. The deal was notable for generating eight offers, with a non-contingent offer being selected on the first day, ensuring a swift closing process.

Players

Jordan Asheghian
56 deals$257.4M volume
BROKER

Details

SOLD
IMAGE: Jordan Asheghian DATE: 03/19/2025 ADDRESS: 830 South Bonnie Brae Street MARKET: Los Angeles ASSET TYPE: Multifamily BUYER: Jacob Brandon SELLER: Albert Lin BROKER: Jordan Asheghian (@Instayord) (@TheJordanGroupcre) - Lyon Stahl Investment Real Estate (@LyonStahl) (@Instayord) SALE PRICE: $2,600,000 UNITS: 20 ~ PPU: $130,000 SF: 11,125 ~ PPSF: $233 NOTE FROM BROKER: Generated 8 Offers. Selected Non Contingent Offer Day 1 with 45 Day All Cash Closing

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Debt Service Coverage Ratio (DSCR)

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