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Dana Brody Of Marcus & Millichap Sells Multifamily Property In Los Angeles For $5.1M

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SOLD
$5,100,000

California

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MultiFamily8,240 SF
Sold 12/31/2024
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SOLD

Dana Brody Of Marcus & Millichap Sells Multifamily Property In Los Angeles For $5.1M

8926 Sawyer Street

See Similar Deals
MultiFamily8,240 SF
Sold 12/31/2024
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$618
Total Square Footage:8,240 SF
Transaction Type:Sale

The property asset involved in this transaction is a multifamily building located at 8926 Sawyer Street in Los Angeles. The sale price for the property was $5,100,000, which breaks down to a price per unit of $1,020,000. The total square footage of the property is 8,240, resulting in a price per square foot of $618.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $5,100,000
  • Units: 5
  • Square Footage: 8,240
  • Price Per Unit: $1,020,000
  • Price Per Square Foot: $618
  • Seller's Representative: Dana Brody - Marcus & Millichap

The sale was exclusively listed by The Brody Group, a team known for their extensive experience with multifamily investment properties, having sold well over $1 billion throughout the Greater Los Angeles Area. The transaction was notably completed in under 90 days.

Players

Dana Brody
11 deals$105.4M volume
BROKER

Details

SOLD
IMAGE: Dana Brody DATE: 12/31/2024 ADDRESS: 8926 Sawyer Street MARKET: Los Angeles ASSET TYPE: Multifamily SELLER'S REP: Dana Brody (@TheBrodyGroup) - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $5,100,000 UNITS: 5 ~ PPU: $1,020,000 SF: 8,240 ~ PPSF: $618 NOTE FROM BROKER: Exclusively Listed by The Brody Group, who have sold well over $1 Billion in Multi-Family Investment Properties Across the Greater Los Angeles Area. Record Breaking $1 Million+ Per Unit. Listed to Closed in Under 90 Days! Visit www.Brody-Group.com for more information on this sale and to get in touch with us.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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