Alex Marc Purchases Glendale Multifamily Property From Linda Dohr For $3.24M With Broker Representation
336 East Dryden Street
$3,240,000
$411/SF
Building Size
7,866 SF
Asset Type
MultiFamily
Closing
Aug 29, 2025
AI
The property asset involved in this transaction is a multifamily building located at 336 East Dryden Street in Glendale. The sale price for the asset was $3,240,000, which comprises 8 units. The property spans a total square footage of 7,866, resulting in a price per unit of $405,000 and a price per square foot of $411.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,240,000
- Units: 8
- Square Footage: 7,866
- Price per Unit: $405,000
- Price per Square Foot: $411
- Buyer: Alex Marc
- Seller: Linda Dohr
- Buyer's Representative: Haik Karapetian - Keller Williams Realty
- Seller's Representative: Greg Alexanian - Alexanian Apartment Advisors
This transaction highlights the roles of the involved parties, with Alex Marc purchasing the property from Linda Dohr. Haik Karapetian represented the buyer, while Greg Alexanian represented the seller during the negotiation and sale process.
Players
Glendale 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
4.90%
Cash-on-Cash
-1.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93