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3720 Midvale Avenue

Sara Weinstock Purchases Los Angeles Multifamily Asset From Gary Goren For $2.7 Million
SOLDMultiFamily

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

Sean Rosenzweig

Marcus & Millichap

Broker

$99.4M

vol

14 deals

Broker
Gary Goren

Gary Goren

Seller

$25.7M

vol

8 deals

Seller

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