Updated Dec 11, 2025
Farhan Mirza Acquires Multifamily Asset From Carole Poyourow In Los Angeles For $1.7M
12400 Mitchell Avenue
$1,700,000
$337/SF
Building Size
5,040 SF
Asset Type
MultiFamily
Closing
Nov 20, 2025
About this deal
AI
The property asset involved in this transaction is a multifamily building located at 12400 Mitchell Avenue in the Los Angeles market. The sale price was $1,700,000, and the asset consists of 7 units, with a price per unit of $242,857. The total square footage of the property is 5,040, resulting in a price per square foot of $337.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,700,000
- Units: 7
- Price Per Unit: $242,857
- Square Footage: 5,040
- Price Per Square Foot: $337
- Buyer: Farhan Mirza
- Seller: Carole Poyourow
- Broker: Everett Wong - Greysteel
- Date of Transaction: 11/20/2025
This deal involved key individuals, including buyer Farhan Mirza and seller Carole Poyourow, with representation from broker Everett Wong of Greysteel facilitating the transaction.
Players
Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Everett Wong to view all their deals.
Browse Los Angeles multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93