Updated May 26, 2026
Brian Norris Acquires Multifamily Asset From Eleanor Geese In Los Angeles For $1.46M
2710 New Jersey Street
$1,460,000
$276/SF
Building Size
5,290 SF
Asset Type
MultiFamily
Closing
May 21, 2026
About this deal
AI
The multifamily property located at 2710 New Jersey Street in Los Angeles was sold for $1,460,000. The asset comprises 6 units and has a total square footage of 5,290, which translates to a price per unit of $243,333 and a price per square foot of $275.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,460,000
- Units: 6
- Square Footage: 5,290
- Price Per Unit: $243,333
- Price Per Square Foot: $275
- Buyer: Brian Norris
- Seller: Eleanor Geese
- Broker: Jake Glaser - Lyon Stahl Investment Real Estate
This transaction involves buyer Brian Norris acquiring the property from seller Eleanor Geese, with broker representation provided by Jake Glaser from Lyon Stahl Investment Real Estate.
On the Map
$1,460,000
$276/SF
MultiFamily
View full map
Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Jake Glaser to view all their deals.
Browse Los Angeles multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.87%
Cash-on-Cash
-3.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93