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137 North Kenmore Avenue

Donna Owen Purchases Multifamily Property In Los Angeles From Navid Gernick For $1.63M
SOLDMultiFamily

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

Laura Meldere

Beverly & Company

Broker

$20.5M

vol

7 deals

Broker

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