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
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