Updated Jul 17, 2026
Winstar Properties Acquires 205-Unit Multifamily Community In Los Angeles City West
750 Garland Avenue
Units
205
Asset Type
MultiFamily
Closing
Jul 16, 2026
About this deal
AI
The asset involved in this transaction is a multifamily property located at 750 Garland Avenue, Los Angeles, CA. The property comprises 205 units and features renovated apartments along with upgraded resident amenities.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Undisclosed
- Address: 750 Garland Avenue
- Market: Los Angeles, CA
- Units: 205
- Buyer: Winstar Properties
- Brokers: Kevin Green, Joseph Grabiec & Greg Harris - Institutional Property Advisors - Marcus & Millichap
The transaction involved Winstar Properties acquiring the property known as The Flat, with Institutional Property Advisors representing the undisclosed seller and facilitating the buyer's procurement.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93