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Steve Taylor Acquires 15-Unit Multifamily Property In Culver City For $7.7M

Property Image
SOLD
$7,725,000
Jeff Louks
Daniel Withers
+ 1

California

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MultiFamily21,268 SF
Sold 09/21/2021
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Property Image
SOLD

Steve Taylor Acquires 15-Unit Multifamily Property In Culver City For $7.7M

4320 S Centinela Ave, Culver City, CA, USA

See Similar Deals
MultiFamily21,268 SF
Sold 09/21/2021
Jeff Louks
Daniel Withers
+ 1
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$363
Total Square Footage:21,268 SF
Transaction Type:Sale

A multifamily property located at 4320 S. Centinela Ave. in Culver City has recently been sold for a total of $7,725,000. The property consists of 15 units, with an average price per unit of $515,000. The total square footage of the property is 21,268, with a price per square foot of $363.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $7,725,000
  • Address: 4320 S. Centinela Ave.
  • Market: Culver City
  • Units: 15
  • Price per Unit: $515,000
  • Total Square Footage: 21,268
  • Price per Square Foot: $363

The buyer in this transaction is Steve Taylor, while the seller is Scott Alexander. Representing the buyer were Jeff Louks, Elliot Sabag, Daniel Withers, and Michael Sterman. On the seller's side, representation was provided by Jeff Louks, Elliot Sabag, and Daniel Withers.

Players

Daniel Withers
32 deals$198.2M volume(310) 365-5054
BROKER

Jeff Louks
Marcus & Millichap
33 deals$337.6M volume(310) 941-5899
BROKER

Michael Sterman
Marcus & Millichap
39 deals$307.7M volume(818) 943-2319
BROKER

Elliot Sabag
Marcus & Millichap
12 deals$82.1M volume
BROKER

Details

SOLD
IMAGE: Jeff Louks, Elliot Sabag, Daniel Withers & Michael Sterman DATE: 09/21/2021 ADDRESS: 4320 S. Centinela Ave. MARKET: Culver City ASSET TYPE: Multifamily BUYER: Steve Taylor SELLER: Scott Alexander BUYER’S REP: Jeff Louks, Elliot Sabag, Daniel Withers & Michael Sterman SELLER’S REP: Jeff Louks, Elliot Sabag, Daniel Withers SALE PRICE: $7,725,000 UNITS: 15 ~ PPU: $515,000 SF: 21,268 ~ PPSF: $363

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Debt Service Coverage Ratio (DSCR)

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