Sara Weinstock Purchases Los Angeles Multifamily Asset From Gary Goren For $2.7 Million
3720 Midvale Avenue
$2,700,000
$373/SF
Building Size
7,229 SF
Asset Type
MultiFamily
Closing
Oct 7, 2025
AI
The property asset involved in the transaction is a multifamily building located at 3720 Midvale Avenue in Los Angeles. The sale price was $2,700,000, encompassing 9 units across a total square footage of 7,229, resulting in a price per unit of $300,000 and a price per square foot of $373.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $2,700,000
- Units: 9
- Square Footage: 7,229
- Price Per Unit: $300,000
- Price Per Square Foot: $373
- Buyer: Sara Weinstock
- Seller: Gary Goren
- Buyer's Representative: Aaron Jacobson & Peter James - Lyon Stahl Investment Real Estate
- Seller's Representative: Sean Rosenzweig - Marcus & Millichap
The transaction featured Sara Weinstock as the buyer and Gary Goren as the seller, with Aaron Jacobson and Peter James representing the buyer through Lyon Stahl Investment Real Estate. Sean Rosenzweig of Marcus & Millichap acted as the representative for the seller in this multifamily asset deal.
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
5.88%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93