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.
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