$8,500,000 Refinance Secured for Retail Property in Marina Del Rey, CA
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
- Market
- Los Angeles
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
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| 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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