$8,500,000 Refinance Secured for Retail Property in Marina Del Rey, CA

May 7, 2026 Bank
Deal Summary

Citizens Business Bank recorded a $8,500,000 deed of trust crossing seven Marina Del Rey retail and light industrial parcels along Lincoln Boulevard, Del Rey Avenue, Inglewood Boulevard, and Centinela Avenue. The loan was executed May 7, 2026 and recorded May 15, 2026 in Los Angeles County under document 358774 (APN 4230-001-016), crossed against six additional parcels. County records list the owner as Michael Sarlo.

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Transaction Details

Closing Date
May 7, 2026
Loan Amount
$8,500,000
Loan Type
Bank
Loan Purpose
Refinance
Capital Type
Senior Debt
Asset Type
Retail
Source
County record

Property

Address
4134 Lincoln Blvd
City, State
Marina Del Rey, CA

Property Facts

Building Size
10,394 sq ft
Lot Size
23,698 sq ft (0.54 ac)
Year Built
1963
Buildings
3
Zoning
LAM1
Subtype
Retail Stores
Floor Area Ratio
0.44

Sale History

Last sold for $5,090,500 on Mar 30, 2021. Prior owner PARK BROS (business entity).

Prior Financing

RecordedLenderAmountInstrumentType
May 15, 2026 CITIZENS BUSN BK $8,500,000 Deed Of Trust CONVENTIONAL
May 10, 2024 GOLDEN 1 CU $8,500,000 Deed Of Trust CONVENTIONAL

Recorded mortgage history from county records. Amounts are original recorded principal, not current balances.

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Transaction details are compiled from public announcements, press releases, industry reporting, or information submitted by parties to the transaction, and have not been independently verified by LoanList CRE. Terms shown may be approximate. Nothing on this page constitutes a quote, offer, or guarantee of financing terms. Full disclaimer.
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