Nualchan Siegel Sells Multifamily Property At 3121 South Canfield Avenue For $2,135,000
3121 South Canfield Avenue
$2,135,000
$248/SF
Building Size
8,602 SF
Asset Type
MultiFamily
Closing
Apr 24, 2026
AI
A multifamily asset located at 3121 South Canfield Avenue in Los Angeles has been sold for $2,135,000. The property features 9 units, covering a total square footage of 8,602, resulting in a price per unit of $237,222 and a price per square foot of $248.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,135,000
- Units: 9
- Square Footage: 8,602
- Price Per Unit: $237,222
- Price Per Square Foot: $248
- Seller: Nualchan Siegel
- Broker Representatives: Michael Sterman & Sari Lestari - Marcus & Millichap
- Date of Transaction: 04/24/2026
The brokers involved in this transaction were Michael Sterman and Sari Lestari, representing the seller, Nualchan Siegel, through Marcus & Millichap.
Players
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
7.43%
Cash-on-Cash
-2.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93