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1952 South Garth Avenue

Ikon Properties Sells Multifamily Asset At 1952 South Garth Avenue For $4.965M With Broker Yohann Bensimon
SOLDMultiFamily

Ikon Properties Sells Multifamily Asset At 1952 South Garth Avenue For $4.965M With Broker Yohann Bensimon

1952 South Garth Avenue

$4,965,000

$517/SF

Building Size

9,589 SF

Asset Type

MultiFamily

Closing

Sep 10, 2025

AI

The property asset involved in the transaction is a multifamily unit located at 1952 South Garth Avenue, Los Angeles. The sale price was $4,965,000 for a total of 4 units, translating to a price per unit of $1,241,250. The building has a total square footage of 9,589, resulting in a price per square foot of $517.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,965,000
  • Units: 4
  • Price Per Unit: $1,241,250
  • Square Footage: 9,589
  • Price Per Square Foot: $517
  • Seller: Ikon Properties
  • Broker: Yohann Bensimon - Keller Williams Realty

The deal was facilitated by Yohann Bensimon, who represented Ikon Properties as the seller's broker in this transaction. This transaction was completed on 09/10/2025, contributing to the Los Angeles multifamily market segment.

Players

Yohann Bensimon

Keller Williams Realty

Broker

$72.2M

vol

23 deals

Broker
Keller Williams Realty
Keller Williams RealtyBrokerage

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

3.19%

Cash-on-Cash

-0.91%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93