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332 Lime Street, Inglewood,...

Elijah Korobkin & Maxx Feldman Acquire Multifamily Assets In Hollywood And Inglewood For $6.45M
SOLDMultiFamily

Elijah Korobkin & Maxx Feldman Acquire Multifamily Assets In Hollywood And Inglewood For $6.45M

332 Lime Street, Inglewood, California 90301, United States

$6,450,000

$227/SF

Building Size

28,369 SF

Asset Type

MultiFamily

Closing

Mar 10, 2022

AI

The multifamily property located at 332 Lime St., 10214 S. 10th Ave., and 1056 N. Oxford Ave. in Inglewood and Hollywood has been sold in a closed transaction. The sale took place on 03/11/2022.

Summary of transaction details:

  • Property Type: Multifamily
  • Sale Price: $6,450,000
  • Units: 27
  • Price per Unit (PPU): $238,888
  • Square Footage (SF): 28,369
  • Price per Square Foot (PPSF): $227

The buyers of the property are Elijah Korobkin and Maxx Feldman, represented by The Goldfinger Group. The Goldfinger Group is actively expanding its portfolio in Inglewood and currently has over $4 million in exchange funds available for further asset acquisitions. Any potential deals can be sent to The Goldfinger Group on Instagram @thegoldfingergroup or via email at [email protected]. The sellers were represented by Andrew Perris and John Aguilar from Aegis Management.

Players

John Aguilar

Aegis Management

Broker

$31.4M

vol

3 deals

Broker
Maxx Feldman

Maxx Feldman

The Goldfinger Group

Buyer

$59.3M

vol

17 deals

Buyer
The Goldfinger Group
The Goldfinger GroupBuyer

Inglewood 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

2.46%

Cash-on-Cash

-0.70%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93