Updated Oct 29, 2025
Hacla Purchases Multifamily Asset From Schon Development Group For $15.55 Million In Los Angeles
630 North Oxford Avenue
$15,550,000
$466/SF
Building Size
33,348 SF
Asset Type
MultiFamily
Closing
Oct 17, 2025
About this deal
AI
The multifamily asset located at 630 North Oxford Avenue in Los Angeles has been sold. The transaction encompassed a sale price of $15,550,000, and the property consists of 30 units with a total square footage of 33,348. The price per unit is recorded at $518,333, while the price per square foot stands at $466.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $15,550,000
- Units: 30
- Square Footage: 33,348
- Price Per Unit: $518,333
- Price Per Square Foot: $466
- Buyer: Hacla
- Seller: Schon Development Group - Paul Schon & Kerolos Zaki
- Date of Sale: 10/17/2025
Paul Schon and Kerolos Zaki represented the seller, Schon Development Group, in this transaction. The buyer, Hacla, engaged in the purchase of the property, facilitating this multifamily real estate deal in the Los Angeles market.
On the Map
$15,550,000
$466/SF
MultiFamily
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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
1.02%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93