Maxx Feldman & Elijah Korobkin Purchase Multifamily Property At 834 South Orange Grove Avenue For $1.8M
834 South Orange Grove Avenue
$1,800,000
$224/SF
Building Size
8,012 SF
Asset Type
MultiFamily
Closing
Jul 11, 2025
AI
The property located at 834 South Orange Grove Avenue is a multifamily asset situated in the Miracle Mile market. The transaction was completed for a sale price of $1,800,000, encompassing a total of 8 units with a price per unit of $225,000. The asset occupies a space of 8,012 square feet, resulting in a price per square foot of $224.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,800,000
- Units: 8
- Price Per Unit: $225,000
- Square Footage: 8,012
- Price Per Square Foot: $224
- Buyer: Maxx Feldman & Elijah Korobkin
- Brokers: Matt Ziegler & Sam Liberow - The Liberow Group - Marcus & Millichap Encino
The transaction involved Maxx Feldman and Elijah Korobkin as the buyers of the multifamily asset. Matt Ziegler and Sam Liberow were the brokers representing the transaction, affiliated with The Liberow Group at Marcus & Millichap Encino.
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
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93