Updated Oct 25, 2024
Yaacov Brenenson Acquires Multifamily Property In Los Angeles For $2.9M
840 Imperial Highway
$2,900,000
$259/SF
Building Size
11,172 SF
Asset Type
MultiFamily
Closing
Jan 17, 2023
About this deal
AI
Located at 840 Imperial Highway in Los Angeles, this multifamily property has recently been sold in a closed transaction. The property consists of 19 units, with a price per unit of $152,632. The total square footage of the property is 11,172, with a price per square foot of $260. The sale price for this transaction was $2,900,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,900,000
- Units: 19
- Price per Unit: $152,632
- Square Footage: 11,172
- Price per Square Foot: $260
- Market: Los Angeles
The buyer for this transaction was Yaacov Brenenson, while the seller was Sonja Howard. The deal was facilitated by Brandon Evans of Rosano Capital Partners, who represented the buyer and seller during the transaction.
On the Map
$2,900,000
$259/SF
MultiFamily
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Players
Market 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
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93