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
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