The Goldfinger Group Acquires Multifamily Property In Mar Vista & Silver Lake For $6.25M
3424 Centinela Avenue, Los Angeles, California 90066, United States
$6,250,000
$480,769/SF
Building Size
13 SF
Asset Type
MultiFamily
Closing
Oct 27, 2022
AI
The multifamily property located at 3424 S Centinela Ave in Mar Vista and 858 N La Fayette Park Pl in Silver Lake was recently sold for a total of $6,250,000. The sale was completed on October 27, 2022. The property consists of 21 units with an average price per unit of $297,619. The total square footage of the property is 13,721, resulting in a price per square foot of $456.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $6,250,000
- Units: 21
- Price per Unit: $297,619
- Total Square Footage: 13,721
- Price per Square Foot: $456
- Market: Mar Vista & Silver Lake
The buyer of the property was The Goldfinger Group, represented by Eliyahu Korobkin and Maxx Feldman. The seller was Irene Sturm. The transaction was facilitated by Dru Schroer from Central Realty Advisors.
Players
Los Angeles 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
2.54%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93