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18606 South Normandie Avenu...

Updated Dec 20, 2023

$9.2M Multifamily Sale In Gardena CA At 18606 S Normandie Ave: Sam Liberow Represents The Transaction
SOLDMultiFamily

$9.2M Multifamily Sale In Gardena CA At 18606 S Normandie Ave: Sam Liberow Represents The Transaction

18606 South Normandie Avenue, Gardena, CA, USA

$9,200,000

$390/SF

Building Size

23,540 SF

Asset Type

MultiFamily

Closing

Nov 9, 2020

About this deal

AI

A multifamily property located at 18606 S Normandie Ave in Gardena was recently sold in a closed transaction. The property spans 23,540 square feet, offering ample space for residents. It was sold for a total price of $9,200,000, resulting in a price per square foot of $390. The sale took place on November 10, 2020. The transaction was facilitated by broker Sam Liberow from The Liberow Group.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $9,200,000
  • Square Footage: 23,540
  • Price per Square Foot: $390
  • Address: 18606 S Normandie Ave, Gardena
  • Market: Gardena

The transaction was handled by broker Sam Liberow from The Liberow Group. Sam Liberow represented either the buyer or the seller in this deal, acting as their representative.

Players

Sam Liberow

Marcus & Millichap

Broker

$775.3M

vol

108 deals

Broker

Gardena MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $390 per square foot on a published $9.2M for 23,540 square feet (2020).

Visit Sam Liberow to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.72%

Cash-on-Cash

-0.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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