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3424 Centinela Avenue

The Goldfinger Group Acquires Mar Vista Multifamily For $4.2M
SOLDMultiFamily

The Goldfinger Group Acquires Mar Vista Multifamily For $4.2M

3424 Centinela Avenue

$4,200,000

$440/SF

Building Size

9,527 SF

Asset Type

MultiFamily

Closing

Oct 27, 2022

AI

The multifamily property located at 3424 S Centinela Ave in Mar Vista, Los Angeles has been sold in a recent transaction. The property consists of 10 units with a total square footage of 9,527. The sale price for this transaction was $4,200,000, resulting in a price per unit of $420,000 and a price per square foot of $441.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $4,200,000
  • Address: 3424 S Centinela Ave
  • Market: Mar Vista, Los Angeles

The buyer of this property is The Goldfinger Group, represented by Elijah Korobkin and Maxx Feldman. The seller is Irena Sturm. Dru Schroer from Central Realty Advisors Inc. acted as the buyer's representative in this transaction, while Sherri Noel from KW Advisors represented the seller.

Players

Dru Schroer

Broker

$13.3M

vol

3 deals

Broker
Maxx Feldman

Maxx Feldman

The Goldfinger Group

Buyer

$59.3M

vol

17 deals

Buyer
The Goldfinger Group
The Goldfinger GroupBuyer

Santa Monica 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

3.78%

Cash-on-Cash

-1.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93