Amir Araghi Of AA Investments Purchases Multifamily Property In Los Angeles For $2.115M
8307 South Figueroa Street
$2,125,000
$280/SF
Building Size
7,584 SF
Asset Type
MultiFamily
Closing
Aug 29, 2025
AI
The property asset located at 8307 South Figueroa Street in the Los Angeles market involves a multifamily unit comprising 9 units, with a total square footage of 7,584. The sale price for this transaction was $2,115,000, resulting in a price per unit (PPU) of $235,000 and a price per square foot (PPSF) of $279.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,115,000
- Units: 9
- Square Footage: 7,584
- Price Per Unit: $235,000
- Price Per Square Foot: $279
- Buyer: Amir Araghi
- Buyer's Representative: Amir Araghi - AA Investments
- Seller's Representatives: Jacqueline Carroll & John Swartz - Compass
- Date of Transaction: 08/29/2025
The key individuals involved in this transaction include the buyer Amir Araghi, who is also representing himself through his company AA Investments. The seller's side is represented by Jacqueline Carroll and John Swartz from Compass, facilitating the sale of the multifamily property.
Players
Los Angeles 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
7.46%
Cash-on-Cash
-2.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93