Peter Lenkov Acquires Inglewood Multifamily Property From Jay De Miranda For $1.64M
604 Venice Way
$1,640,000
$265/SF
Building Size
6,184 SF
Asset Type
MultiFamily
Closing
Aug 28, 2025
AI
The property involved in this transaction is a multifamily asset located at 604 Venice Way in Inglewood. The sale price of the property was $1,640,000, encompassing 6 units within a total square footage of 6,184. The price per unit was $273,333, while the price per square foot was $265.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,640,000
- Units: 6
- Square Footage: 6,184
- Price Per Unit: $273,333
- Price Per Square Foot: $265
- Buyer: Peter Lenkov
- Seller: Jay De Miranda
- Broker Representatives: Chase Simonton & John Sarna - Re/Max
The key individuals in this transaction include the buyer, Peter Lenkov, and the seller, Jay De Miranda. The transaction was represented by Chase Simonton and John Sarna from Re/Max, serving as the broker representatives in the sale.
Players
Inglewood 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
9.67%
Cash-on-Cash
-2.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93