Elijah Korobkin Acquires Single Family Home In Mar Vista For $3.8M
SOLD
$3,832,000
California
See Similar DealsSingle Family Residence9,652 SF
Sold 11/22/2018
SOLD
Elijah Korobkin Acquires Single Family Home In Mar Vista For $3.8M
12518 Venice Boulevard, Los Angeles, CA 90066, USA
See Similar DealsSingle Family Residence9,652 SF
Sold 11/22/2018
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$397
Total Square Footage:9,652 SF
Transaction Type:Sale
A single family property located at 12518 Venice Blvd in Mar Vista has been sold. The transaction took place on 11/22/2018. The property was purchased for a total price of $3,832,000, at a price per unit (PPU) of $348,363. The price per square foot (PPSF) was $397. The Gross Rent Multiplier (GRM) for the property was 16.37, and the Capitalization Rate (CAP) was 4%.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $3,832,000
- Price per Unit (PPU): $348,363
- Price per Square Foot (PPSF): $397
- Gross Rent Multiplier (GRM): 16.37
- Capitalization Rate (CAP): 4%
The seller of the property was 12518 Venice Blvd LLC, while the buyer was Elijah Korobkin from The Goldfinger Group. The brokers involved in the deal were Michael Monempour from Kidder Mathews and Ramin Gheitanchi from Keller Williams Realty.
Players
BROKERAGE
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Single-Family Rental Investment Trends ReportQ3 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$204,373.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,614.30
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,165.63
Annual Debt Service$217,987.62
Is there something missing? Send suggestions