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3424 S Centinela Ave & 858 ...

The Goldfinger Group Acquires Multifamily Properties In Mar Vista & Silver Lake For $6.25M
SOLDMultiFamily

The Goldfinger Group Acquires Multifamily Properties In Mar Vista & Silver Lake For $6.25M

3424 S Centinela Ave & 858 N La Fayette Park Pl

$6,250,000

$455/SF

Building Size

13,721 SF

Asset Type

MultiFamily

Closing

Oct 27, 2022

AI

A multifamily property located at 3424 S Centinela Ave in Mar Vista and 858 N La Fayette Park Pl in Silver Lake has been sold for a total of $6,250,000. The property consists of 21 units with an average price per unit of $297,619. The total square footage of the property is 13,721, resulting in a price per square foot of $456.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $6,250,000
  • Address: 3424 S Centinela Ave & 858 N La Fayette Park Pl
  • Market: Mar Vista & Silver Lake
  • Units: 21
  • Price per Unit: $297,619
  • Square Footage: 13,721
  • Price per Square Foot: $456

The buyer of the property is The Goldfinger Group, represented by Eliyahu Korobkin and Maxx Feldman. The seller is Irene Sturm. The transaction was facilitated by Dru Schroer of Central Realty Advisors.

Players

Maxx Feldman

The Goldfinger Group

Buyer

$59.3M

vol

17 deals

Buyer
The Goldfinger Group
The Goldfinger GroupBuyer

Market MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.54%

Cash-on-Cash

-0.73%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93