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3336 Helms Avenue

Mina Abdelmalek & Todd Miller Broker Deal On Culver City Multifamily For $4.5M
SOLDMultiFamily

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

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

Todd Miller

Keller Williams Realty

Broker

$4.5M

vol

1 deal

Broker

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