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2710 New Jersey Street

Brian Norris Acquires Multifamily Asset From Eleanor Geese In Los Angeles For $1.46M
SOLDMultiFamily

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

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.

Players

Jake Glaser

Lyon Stahl Investment Real Estate

Broker

$158.2M

vol

68 deals

Broker

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

10.87%

Cash-on-Cash

-3.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93