Jordan Sachs & Alex Nachum Of Bold Partners Acquire Multifamily Asset In Paramount For $19.5M
SOLD
$19,500,000
California
See Similar DealsMultiFamily61,439 SF
Sold 12/19/2025
SOLD
Jordan Sachs & Alex Nachum Of Bold Partners Acquire Multifamily Asset In Paramount For $19.5M
8350 Gardendale Street
See Similar DealsMultiFamily61,439 SF
Sold 12/19/2025
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$317
Total Square Footage:61,439 SF
Transaction Type:Sale
The property asset involved in the transaction is a multifamily asset located at 8350 Gardendale Street in Paramount. The sale was completed for a total price of $19,500,000, encompassing 76 units across a square footage of 61,439, resulting in a price per unit of $256,578 and a price per square foot of $317.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $19,500,000
- Units: 76
- Square Footage: 61,439
- Price Per Unit: $256,578
- Price Per Square Foot: $317
- Buyer: Jordan Sachs & Alex Nachum - Bold Partners
- Date of Sale: 12/19/2025
The deal was represented by Jordan Sachs and Alex Nachum, who are acting on behalf of Bold Partners in this acquisition. The transaction reflects their involvement in the multifamily market within the Paramount area.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,039,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$69,279.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$92,439.95
Annual Debt Service$1,109,279.38
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