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1532 Granville Avenue

Hiro Kobayashi Sells Los Angeles Multifamily Asset For $3,870,000 With Jonathan Taksa And Jeff Pierce
SOLDMultiFamily

Hiro Kobayashi Sells Los Angeles Multifamily Asset For $3,870,000 With Jonathan Taksa And Jeff Pierce

1532 Granville Avenue

$3,870,000

$405/SF

Building Size

9,550 SF

Asset Type

MultiFamily

Closing

Jun 3, 2026

AI

The asset involved in the transaction is a multifamily property located at 1532 Granville Avenue in Los Angeles. The sale was completed for a price of $3,870,000, involving 9 units with a price per unit of $430,000. The total square footage of the property is 9,550, leading to a price per square foot of $405.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,870,000
  • Units: 9
  • Price Per Unit: $430,000
  • Square Footage: 9,550
  • Price Per Square Foot: $405
  • Seller: Hiro Kobayashi
  • Buyer's Representative: Jeff Pierce - Miller & Desatnik Realty
  • Seller's Representative: Jonathan Taksa - Taksa Investment Group

Key individuals involved in this transaction include the seller, Hiro Kobayashi, and the representatives handling the deal, Jeff Pierce from Miller & Desatnik Realty, and Jonathan Taksa from Taksa Investment Group. Each played a significant role in facilitating the transaction as per their respective commitments to the buyer and seller.

Players

Jonathan Taksa

Taksa Investment Group

Broker

$597.2M

vol

62 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

4.10%

Cash-on-Cash

-1.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93