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856 Seward Street

Kamron Shashooni Purchases Los Angeles Office From Steven Goodwin For $6.15 Million
SOLDOffice

Kamron Shashooni Purchases Los Angeles Office From Steven Goodwin For $6.15 Million

856 Seward Street

$6,150,000

$358/SF

Building Size

17,150 SF

Asset Type

Office

Closing

Jul 24, 2024

AI

The property asset involved in this transaction is an office located at 856 Seward Street in Los Angeles. The sale price of the property was $6,150,000, with a total square footage of 17,150 and a price per square foot of $358.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $6,150,000
  • Address: 856 Seward Street
  • Market: Los Angeles
  • Square Footage: 17,150
  • Price Per Square Foot: $358
  • Buyer: Kamron Shashooni
  • Seller: Steven Goodwin - NTA Partners LP
  • Brokers: Jay Martinez & Connor MacLeod - Kidder Mathews

The key individuals involved in this deal include the buyer Kamron Shashooni and the seller Steven Goodwin representing NTA Partners LP. The transaction was facilitated by brokers Jay Martinez and Connor MacLeod of Kidder Mathews, who played a critical role in the closing of this deal.

Players

Jay Martinez

Kidder Mathews

Broker

$145.3M

vol

41 deals

Broker

Los Angeles Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.58%

Cash-on-Cash

-0.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93