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1939 North Kenmore Avenue

Michael Maltzman Buys Multifamily Property At 1939 North Kenmore Avenue For $5.28M With Jeff Louks & Elliot Sabag As Buyer's Reps
SOLDMultiFamily

Michael Maltzman Buys Multifamily Property At 1939 North Kenmore Avenue For $5.28M With Jeff Louks & Elliot Sabag As Buyer's Reps

1939 North Kenmore Avenue

$5,280,000

$288/SF

Building Size

18,317 SF

Asset Type

MultiFamily

Closing

Jul 15, 2026

AI

The property asset involved in the transaction is a multifamily asset located at 1939 North Kenmore Avenue in the Los Angeles market. It consists of 18 units, with a sale price of $5,280,000, resulting in a price per unit of $293,333. The total square footage of the property is 18,317, leading to a price per square foot of $288.

Summary of transaction details:

This transaction involved Michael Maltzman as the buyer and Linda Duttenhaver as the seller. The buyer was represented by Jeff Louks and Elliot Sabag from Marcus & Millichap, who facilitated the deal within the Los Angeles market.

Players

Jeff Louks

Marcus & Millichap

Broker

$408.6M

vol

36 deals

Broker

Michael Maltzman

Buyer

$63.8M

vol

13 deals

Buyer

Linda Duttenhaver

Seller

$5.3M

vol

1 deal

Seller

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

3.00%

Cash-on-Cash

-0.86%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93