facebook
Traded Co logo
Submit

Ryan Kaveh And Alan Brown Of Brown Holdings Acquire MultiFamily At 926 N Spaulding For $2.31M

Property Image
SOLD
$2,315,000

California

See Similar Deals
MultiFamily
Sold 07/12/2024
the dealplayerscompscontact
Property Image
SOLD

Ryan Kaveh And Alan Brown Of Brown Holdings Acquire MultiFamily At 926 N Spaulding For $2.31M

926 N Spaulding

See Similar Deals
MultiFamily
Sold 07/12/2024
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Transaction Type:Sale

The property involved in this transaction is a MultiFamily asset located at 926 N Spaulding within the Spalding Tract. The transaction was completed for a total amount of $2,315,000.00.

Summary of transation details:

  • Property Type: MultiFamily
  • Transaction Amount: $2,315,000.00
  • Address: 926 N Spaulding
  • Market: Spalding Tract
  • Buyer: Ryan Kaveh and Alan Brown (Brown Holdings)
  • Seller: David Lorne and Susan Green (Green Properties Ltd.)
  • Broker Representatives: Jeffrey Estrada (Marcus & Millichap), Neema Ahadian (Marcus & Millichap)

This transaction was facilitated by the broker representatives, Jeffrey Estrada and Neema Ahadian, both affiliated with Marcus & Millichap, who represented the buyer and seller in the deal. The involvement of these brokers indicates a professional support in navigating the complexities of this real estate transaction.

Players

Neema Ahadian
79 deals$733M volume(310) 691-9929
BROKER

Jeffrey Estrada
Marcus & Millichap
13 deals$59.5M volume(310) 909-5423
BROKER

Details

SOLD
IMAGE: 07/12/2024 ADDRESS: 926 N Spaulding MARKET: Spalding Tract ASSET TYPE: MultiFamily BROKERS: Jeffrey Estrada(Marcus & Millichap), Neema Ahadian(Marcus & Millichap) BUYER: Ryan Kaveh and Alan Brown(Brown Holdings) SELLER: David Lorne and Susan Green(Green Properties Ltd.) PRICE: $2,315,000.00

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

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
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$123,466.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,224.70
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,974.28
Annual Debt Service$131,691.37