Daniel Gura & Jerry Fink Purchase Multifamily Property From Salli Harris For $2.3M In Los Angeles
646 North Madison Avenue
$2,300,000
$322/SF
Building Size
7,134 SF
Asset Type
MultiFamily
Closing
May 21, 2026
AI
The multifamily asset located at 646 North Madison Avenue in the Los Angeles market has a sale price of $2,300,000. The property comprises 10 units, with a price per unit of $230,000. It has a total square footage of 7,134, translating to a price per square foot of $322.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,300,000
- Number of Units: 10
- Price Per Unit: $230,000
- Square Footage: 7,134
- Price Per Square Foot: $322
- Buyer: Daniel Gura & Jerry Fink
- Seller: Salli Harris
- Buyer's Representative: Michael Kamara - The Kamara Multifamily Group
- Seller's Representative: Johnnie Steigler - Lyon Stahl Investment Real Estate
The transaction involved buyers Daniel Gura and Jerry Fink, who were represented by Michael Kamara of The Kamara Multifamily Group. On the other side of the deal, seller Salli Harris was represented by Johnnie Steigler from Lyon Stahl Investment Real Estate.
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
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93