Updated Aug 20, 2026
Cindy Zheng Purchases Student Housing Asset At 1237 West 25th Street For $2,565,000
1237 West 25th Street
$2,565,000
$2,095/SF
Building Size
1,224 SF
Asset Type
Student Housing
Closing
Aug 12, 2026
About this deal
AI
1237 West 25th Street is a newly built 19-bed student housing asset located just north of USC in the Los Angeles market. This property sold for $2,565,000 with a total square footage of 5,796, translating to a price per square foot of $443.
Summary of transation details:
- Property Type: Student Housing
- Transaction Amount: $2,565,000
- Square Footage: 5,796
- Price per Square Foot: $443
- Buyer: Cindy Zheng
- Seller: Peter Moji
- Broker: Ben Lee - The Ben Lee Group
- Date of Transaction: 08/12/2026
Ben Lee of The Ben Lee Group represented the seller, utilizing a proprietary marketing campaign that successfully engaged foreign and Asian high-net-worth capital, resulting in a first-time student housing buyer based overseas. The brokerage assisted the buyer throughout the business plan, financing, and appraisal process, showcasing their expertise in the USC corridor.
Players
Los Angeles Student Housing Market Snapshot
Boundary boundary · Student Housing · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.18%
Cash-on-Cash
-1.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93