Donna Owen Purchases Multifamily Property In Los Angeles From Navid Gernick For $1.63M
137 North Kenmore Avenue
$1,630,000
$283/SF
Building Size
5,752 SF
Asset Type
MultiFamily
Closing
Apr 13, 2026
AI
The property asset involved in this transaction is a multifamily unit located at 137 North Kenmore Avenue in Los Angeles. The sale price of the asset is $1,630,000, consisting of 4 units with a price per unit of $407,500. The total square footage of the property is 5,752 square feet, leading to a price per square foot of $283.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,630,000
- Units: 4
- Price Per Unit: $407,500
- Square Footage: 5,752
- Price Per Square Foot: $283
- Buyer: Donna Owen
- Seller: Navid Gernick
- Buyer's Representative: Jake Glaser - Lyon Stahl Investment Real Estate
- Seller's Representative: Laura Meldere - Beverly & Company
- Date of Transaction: 04/14/2026
- Market: Los Angeles
This transaction involved notable individuals in the real estate market, with Jake Glaser representing the buyer, Donna Owen, and Laura Meldere representing the seller, Navid Gernick. Both brokers are affiliated with their respective companies, which played a key role in facilitating this multifamily sale.
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
9.73%
Cash-on-Cash
-2.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93