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9800 National Boulevard

Angus Lin, Jerome Yuan & Howard CVC Acquire Multifamily Asset In Los Angeles For $4.85M
SOLDMultiFamily

Angus Lin, Jerome Yuan & Howard CVC Acquire Multifamily Asset In Los Angeles For $4.85M

9800 National Boulevard

$4,850,000

$313/SF

Building Size

15,450 SF

Asset Type

MultiFamily

Closing

Dec 31, 2025

AI

The property asset involved in this transaction is a multifamily building located at 9800 National Boulevard in Los Angeles. The sale of this property was finalized for a total of $4,850,000, with 22 units and a square footage of 15,450. The price per unit stands at $220,454, while the price per square foot is $313.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,850,000
  • Units: 22
  • Square Footage: 15,450
  • Price Per Unit: $220,454
  • Price Per Square Foot: $313
  • Buyer: Angus Lin, Jerome Yuan & Howard CVC
  • Seller: Jeffrey Appel - United El Segundo
  • Buyer's Representative: Brice Head - CBRE
  • Date of Sale: 12/31/2025
  • Market: Los Angeles

The key individuals involved in the deal consist of the buyers, Angus Lin, Jerome Yuan, and Howard CVC, who expressed their intent to modernize the property and acknowledged their investors and stakeholders for their support during the closing process. The property was sold by Jeffrey Appel, representing United El Segundo, with Brice Head from CBRE acting as the representative for the buyers.

Players

Brice Head

CBRE

Broker

$8.9M

vol

3 deals

Broker

Jeffrey Appel

United El Segundo

Seller

$13.9M

vol

3 deals

Seller

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

3.27%

Cash-on-Cash

-0.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93