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7050 Waring Avenue

Updated Aug 31, 2026

Daniel Gura And Jerry Fink Acquire Los Angeles Multifamily Asset For $2.74M With Michael Kamara As The Broker
SOLDMultiFamily

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:

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

Michael Kamara

The Kamara Multifamily Group

Broker

$75.5M

vol

25 deals

Broker

Jerry Fink

Buyer

$120.9M

vol

7 deals

Buyer

Edward Gina

Seller

$2.7M

vol

1 deal

Seller

Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $281 per square foot on a published $2.7M for 9,728 square feet (2026).

Visit Michael Kamara to view all their deals.

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

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