Eddie Gozinni Purchases Culver City Multifamily Property From Linda Carlson For $1.95M
SOLD
$1,950,000
California
See Similar DealsMultiFamily3,468 SF
Sold 07/31/2023
SOLD
Eddie Gozinni Purchases Culver City Multifamily Property From Linda Carlson For $1.95M
3330 Caroline Ave
See Similar DealsMultiFamily3,468 SF
Sold 07/31/2023
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$562
Total Square Footage:3,468 SF
Transaction Type:Sale
The property involved in this transaction is a multifamily asset located at 3330 Caroline Ave in Culver City. The transaction was completed at a price of $1,950,000.00, and the property has a total square footage of 3,468.0 square feet.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,950,000.00
- Address: 3330 Caroline Ave
- Market: Culver City
- Square Footage: 3,468.0
- Buyer: Eddie Gozinni
- Seller: Linda Carlson
- Brokers: Chase Simonton - Re/Max, Robert Carlile - Re/Max, John Sarna - Re/Max
The deal involved key individuals including the buyer, Eddie Gozinni, and the seller, Linda Carlson. The brokerage representation was provided by Chase Simonton, Robert Carlile, and John Sarna, all associated with Re/Max, who facilitated the transaction process.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$103,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,927.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,243.99
Annual Debt Service$110,927.94
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