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646 North Madison Avenue

Daniel Gura & Jerry Fink Purchase Multifamily Property From Salli Harris For $2.3M In Los Angeles
SOLDMultiFamily

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

Michael Kamara

The Kamara Multifamily Group

Broker

$62.1M

vol

21 deals

Broker
Lyon Stahl Investment Real Estate
Lyon Stahl Investment Real EstateBrokerage

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