Updated Oct 13, 2026
Meir Finck Acquires Multifamily Property At 2301 West Florence Avenue For $3,000,000
2301 West Florence Avenue
$3,000,000
$624/SF
Building Size
4,808 SF
Asset Type
MultiFamily
Closing
Sep 23, 2026
About this deal
AI
The property asset involved in the transaction is a multifamily building located at 2301 West Florence Avenue, Los Angeles. The sale price of this asset is $3,000,000, with a total square footage of 4,808, resulting in a price per square foot of $623.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,000,000
- Square Footage: 4,808
- Price Per Square Foot: $623
- Buyer: Meir Finck
- Seller: David Berneman
- Buyer’s Representative: Cameron Samimi - Lyon Stahl Investment Real Estate
- Transaction Date: 09/23/2026
- Market: Los Angeles
The key individuals in this transaction include Meir Finck, who is the buyer, and David Berneman, the seller. The buyer's representative, Cameron Samimi, operates under Lyon Stahl Investment Real Estate, facilitating the deal between these parties.
On the Map
$3,000,000
$624/SF
MultiFamily
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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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93