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11644 Montana Avenue

Isaac Michaels Purchases Multifamily Property At 11644 Montana Avenue Brentwood For $3 Million With Buyer’s Rep Jonathan Taksa
SOLDMultiFamily

Isaac Michaels Purchases Multifamily Property At 11644 Montana Avenue Brentwood For $3 Million With Buyer’s Rep Jonathan Taksa

11644 Montana Avenue

$3,000,000

$409/SF

Building Size

7,323 SF

Asset Type

MultiFamily

Closing

Mar 20, 2025

AI

The property asset involved in this transaction is a multi-family building located at 11644 Montana Avenue in the Brentwood market. It encompasses 9 units and has a total square footage of 7,323. The property was sold for $3,000,000.00.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $3,000,000.00
  • Address: 11644 Montana Avenue
  • Market: Brentwood
  • Units: 9
  • Square Footage: 7,323.0
  • Buyer: Isaac Michaels
  • Seller: Hilary Morano
  • Buyer's Representative: Jonathan (Jon) Taksa (Taksa Investment Group)
  • Seller's Representatives: Ricky Mitchell (The Passman Group), David Passman (The Passman Group)
  • Broker: Ricky Mitchell (The Passman Group)

This transaction features key individuals such as Isaac Michaels, who is the buyer, and Hilary Morano, the seller. The deal was facilitated by Jonathan (Jon) Taksa representing the buyer, while Ricky Mitchell and David Passman represented the seller through The Passman Group.

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

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93