Updated Aug 31, 2026
Daniel Gura And Jerry Fink Acquire Los Angeles Multifamily Asset For $2.74M With Michael Kamara As The Broker
7050 Waring Avenue
$2,740,000
$281/SF
Building Size
9,728 SF
Asset Type
MultiFamily
Closing
Aug 27, 2026
About this deal
AI
The multifamily property located at 7050 Waring Avenue in Los Angeles has been sold for $2,740,000. The asset comprises 8 units and has a total square footage of 9,728, which translates to a price per unit of $342,500 and a price per square foot of $281.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $2,740,000
- Units: 8
- Square Footage: 9,728
- Price Per Unit: $342,500
- Price Per Square Foot: $281
- Buyer: Daniel Gura & Jerry Fink
- Seller: Edward Gina
- Broker: Michael Kamara - The Kamara Multifamily Group
Daniel Gura and Jerry Fink are the buyers involved in this transaction, represented by Michael Kamara of The Kamara Multifamily Group, while Edward Gina serves as the seller of the property.
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
5.79%
Cash-on-Cash
-1.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93