James Investment Partners Sells 36-Unit Apartment Community At 5535 Carlton Way For $7.6M
5535 Carlton Way
$7,600,000
$287/SF
Building Size
26,403 SF
Asset Type
MultiFamily
Closing
May 22, 2026
AI
5535 Carlton Way is a multifamily asset located in the Los Angeles market, comprising 36 units with a total square footage of 26,403. The property was sold for $7,600,000, resulting in a price per unit of $211,111 and a price per square foot of $287.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $7,600,000
- Units: 36
- Square Footage: 26,403
- Price Per Unit: $211,111
- Price Per Square Foot: $287
- Seller: James Investment Partners
- Seller's Representative: Darin Beebower & Dakoda Iversen - Kidder Mathews
- Date of Sale: 05/22/2026
- Location: 5535 Carlton Way, Los Angeles
Darin Beebower and Dakoda Iversen of Kidder Mathews exclusively represented the seller and facilitated the buyer's acquisition of the property. Their expertise led to more than 25 offers during the marketing campaign, resulting in a competitive environment without seller credits, culminating in a successful closing of a single escrow.
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
2.09%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93