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Austin Nissly And Matt Carney Acquire Multifamily Property In Westchester For $5,249,999

Property Image
SOLD
$5,249,999
Steffan Braunlich
William James
+ 1

California

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MultiFamily10,944 SF
Sold 05/28/2026
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Property Image
SOLD

Austin Nissly And Matt Carney Acquire Multifamily Property In Westchester For $5,249,999

7360-7366 Manchester Ave, Los Angeles, Ca 90045

See Similar Deals
MultiFamily10,944 SF
Sold 05/28/2026
Steffan Braunlich
William James
+ 1
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$479
Total Square Footage:10,944 SF
Transaction Type:Sale

The property involved in the transaction is a multifamily asset located at 7360-7366 Manchester Avenue in Westchester, CA. The sale price for the property was $5,249,999, encompassing 16 units with a price per unit of $328,124. The building has a total square footage of 10,944, resulting in a price per square foot of $479.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $5,249,999
  • Units: 16
  • Price Per Unit: $328,124
  • Square Footage: 10,944
  • Price Per Square Foot: $479
  • Buyer: Austin Nissly & Matt Carney
  • Buyer's Representative: Peter James & William James - Lyon Stahl Investment Real Estate
  • Seller's Representative: Steffan Braunlich - Berkadia

Key individuals in this transaction include Austin Nissly and Matt Carney, the buyers of the property, who are represented by Peter James and William James from Lyon Stahl Investment Real Estate. The seller's interests were represented by Steffan Braunlich from Berkadia, contributing to the successful completion of this multifamily asset sale.

Players

Steffan Braunlich
4 deals$109.4M volume
BROKER

Peter James
Lyon Stahl Investment Real Estate
9 deals$19.7M volume(310) 467-7581
BROKER

William James
Lyon Stahl Investment Real Estate
6 deals$10.4M volume(310) 600-9858
BROKER

Matt Carney
7 deals$114.9M volume
BUYER

Details

SOLD
IMAGE: Peter James, William James & Steffan Braunlich DATE: 05/28/2026 ADDRESS: 7360-7366 Manchester Avenue MARKET: Westchester, CA ASSET TYPE: Multifamily BUYER: Austin Nissly & Matt Carney BUYER'S REP: Peter James (@TheJamesGrouprealestate) & William James - Lyon Stahl Investment Real Estate (@LyonStahl) SELLER'S REP: Steffan Braunlich (@SsteffanBraunlich) - Berkadia (@Berkadia) SALE PRICE: $5,249,999 UNITS: 16 ~ PPU: $328,124 SF: 10,944 ~ PPSF: $479

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

$279,999.94

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$18,652.14
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,887.67
Annual Debt Service$298,652.08