Updated Dec 4, 2024
Mina Abdelmalek & Todd Miller Broker Deal On Culver City Multifamily For $4.5M
3336 Helms Avenue
$4,500,000
$295/SF
Building Size
15,233 SF
Asset Type
MultiFamily
Closing
Apr 23, 2024
About this deal
AI
In Culver City, a multifamily property located at 3336 Helms Avenue spanning 0.29 acres was sold for $4,500,000. The property boasts a total square footage of 15,233, resulting in a price per square foot of $295.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,500,000
- Address: 3336 Helms Avenue
- Market: Culver City
- Square Footage: 15,233
- Price per Square Foot: $295
Mina Abdelmalek of Abba Realty acted as the buyer's representative in the transaction, while Todd Miller from KW Advisors represented the seller. Both individuals played crucial roles in facilitating the successful sale of the multifamily property.
Players
Culver City 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
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93