facebook
Traded Co logo
Submit

Peyman Kheyri Purchases Multifamily Property In Los Angeles From Mike Schultze For $2.65M

Property Image
SOLD
$2,650,000
Everett Wong
Cormac McCain

California

See Similar Deals
MultiFamily6,875 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

Peyman Kheyri Purchases Multifamily Property In Los Angeles From Mike Schultze For $2.65M

1320 South Carmelina Avenue

See Similar Deals
MultiFamily6,875 SF
Sold
Everett Wong
Cormac McCain
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$385
Total Square Footage:6875 SF
Transaction Type:Sale

The property asset involved in this transaction is a multifamily unit located at 1320 South Carmelina Avenue in Los Angeles. The transaction was completed for a total sale price of $2,650,000. The asset comprises 9 units and has a total square footage of 6,875, equating to a price per unit of $294,444 and a price per square foot of $385.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,650,000
  • Units: 9
  • Square Footage: 6,875
  • Price Per Unit: $294,444
  • Price Per Square Foot: $385
  • Buyer: Peyman Kheyri
  • Seller: Mike Schultze
  • Seller's Representative: Cormac McCain & Everett Wong - Greysteel

The deal features key individuals such as the buyer Peyman Kheyri and the seller Mike Schultze. The seller was represented by brokers Cormac McCain and Everett Wong from Greysteel, facilitating the transaction in the Los Angeles market.

Players

Everett Wong
Greysteel
Everett Wong
13 deals$35.9M volume(310) 439-5790
BROKER
Cormac McCain
Greysteel
Cormac McCain
2 deals$5.7M volume(310) 889-0641
BROKER

Details

SOLD
IMAGE: Cormac McCain & Everett Wong DATE: 5/9/2025 ADDRESS: 1320 South Carmelina Avenue MARKET: Los Angeles ASSET TYPE: Multifamily BUYER: Peyman Kheyri SELLER: Mike Schultze SELLER'S REP: Cormac McCain (@CormacMcCain) & Everett Wong - Greysteel (@TheGreysteelCompany) SALE PRICE: $2,650,000 UNITS: 9 ~ PPU: $294,444 SF: 6,875 ~ PPSF: $385

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$141,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$9,414.90
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,562.35
Annual Debt Service$150,748.22