Updated Oct 13, 2026
Dan Gura Acquires Multifamily Asset At 2618 Arizona Avenue From Dorothea A. Warren For $2M
2618 Arizona Avenue
$2,000,000
$364/SF
Building Size
5,483 SF
Asset Type
MultiFamily
Closing
Sep 16, 2025
About this deal
AI
The property asset involved in this transaction is a multifamily unit located at 2618 Arizona Avenue, Santa Monica. The sale price of the property is $2,000,000, which consists of 4 units and totals 5,483 square feet, resulting in a price per unit of $500,000 and a price per square foot of $364.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,000,000
- Address: 2618 Arizona Avenue
- Market: Santa Monica
- Units: 4
- Square Footage: 5,483
- Price Per Unit: $500,000
- Price Per Square Foot: $364
- Buyer: Dan Gura
- Seller: Dorothea A. Warren
- Broker: Cameron Samimi - Lyon Stahl Investment Real Estate
The key individuals involved in this transaction include buyer Dan Gura and seller Dorothea A. Warren, with broker Cameron Samimi representing Lyon Stahl Investment Real Estate in the deal. Each party played a significant role in facilitating this transaction within the Santa Monica market.
On the Map
$2,000,000
$364/SF
MultiFamily
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Players
Santa Monica 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
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93