Rachel Serrano Purchases Multifamily Property From May Ling Yu For $27.73M With Benjamin Gribnau & Jake Zacuto As Buyer's Representatives
1443 North Fuller Avenue
$27,734,000
$328/SF
Building Size
84,510 SF
Asset Type
MultiFamily
Closing
Jun 26, 2026
AI
The property asset involved in this transaction is a multifamily building located at 1443 North Fuller Avenue in the Los Angeles market. The sale price of the asset was $27,734,000, which encompasses a total of 82 units. The property has a total square footage of 84,510, resulting in a price per unit of $338,219 and a price per square foot of $328.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $27,734,000
- Units: 82
- Square Footage: 84,510
- Price Per Unit: $338,219
- Price Per Square Foot: $328
- Buyer: Rachel Serrano
- Seller: May Ling Yu
- Buyer's Representative: Benjamin Gribnau & Jake Zacuto - Zacuto Group
- Date of Sale: 06/26/2026
The key individuals involved in the transaction include the buyer Rachel Serrano and the seller May Ling Yu, with Benjamin Gribnau and Jake Zacuto from the Zacuto Group representing the buyer in this deal. Their roles contribute to the successful completion of the transaction in the multifamily sector.
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
0.57%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93