Neema Ahadian & Leo Laterza Acquire Gardena Multifamily For $15.5M
SOLD
$15,525,000
California
See Similar DealsMultiFamily44,692 SF
Sold 04/16/2021
SOLD
Neema Ahadian & Leo Laterza Acquire Gardena Multifamily For $15.5M
835 West Rosecrans Avenue, Gardena, CA, USA
See Similar DealsMultiFamily44,692 SF
Sold 04/16/2021
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$347
Total Square Footage:44,692 SF
Transaction Type:Sale
A multifamily property located at 835 W. Rosecrans Ave. in Gardena has been sold for $15,525,000. The transaction took place on April 16, 2021. The property comprises 95 units, resulting in a per unit price of $163,421. The total square footage of the property is 44,692, with a price per square foot of $347.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $15,525,000
- Address: 835 W. Rosecrans Ave.
- Market: Gardena
The buyer's representatives involved in the deal were Neema Ahadian and Leo Laterza. They were represented by Matthew Kanner, the seller's representative.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$828,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$55,157.05
Cash-on-Cash Return-1.27%
Monthly Debt Service$73,596.42
Annual Debt Service$883,157.05
Is there something missing? Send suggestions