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
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