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11729 Washington Boulevard

Sherif Antoon Purchases Multifamily Property From Lakshmi Devgan For $1.25M In Los Angeles
SOLDMultiFamily

Sherif Antoon Purchases Multifamily Property From Lakshmi Devgan For $1.25M In Los Angeles

11729 Washington Boulevard

$1,250,000

$455/SF

Building Size

2,744 SF

Asset Type

MultiFamily

Closing

Aug 21, 2025

AI

The property involved in this transaction is a multifamily asset located at 11729 Washington Boulevard in the Los Angeles market. The sale price for the property was $1,250,000, which encompasses 10 units. The total square footage of the property is 2,744, resulting in a price per unit of $125,000 and a price per square foot of $455.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $1,250,000
  • Address: 11729 Washington Boulevard
  • Market: Los Angeles
  • Units: 10
  • Price Per Unit: $125,000
  • Square Footage: 2,744
  • Price Per Square Foot: $455
  • Buyer: Sherif Antoon
  • Seller: Lakshmi Devgan
  • Buyer's Representative: Cameron Samimi & Bobby Sillman - Lyon Stahl Investment Real Estate

The key individuals involved in the transaction include the buyer, Sherif Antoon, and the seller, Lakshmi Devgan. Cameron Samimi and Bobby Sillman represented the buyer in this deal, acting on behalf of Lyon Stahl Investment Real Estate.

Players

Cameron Samimi
Verified Badge

Cameron Samimi

Lyon Stahl Investment Real Estate

Broker

$141.4M

vol

51 deals

Broker
Lyon Stahl Investment Real Estate
Lyon Stahl Investment Real EstateBrokerage

Los Angeles 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

12.69%

Cash-on-Cash

-3.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93