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Sam H. Grayeli Acquires Multifamily Property From Steve Mizrahi In Los Angeles For $1.1M

Property Image
SOLD
$1,100,000

California

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MultiFamily5,568 SF
Sold 05/08/2026
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Property Image
SOLD

Sam H. Grayeli Acquires Multifamily Property From Steve Mizrahi In Los Angeles For $1.1M

1655 Carmona Avenue

See Similar Deals
MultiFamily5,568 SF
Sold 05/08/2026
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$197
Total Square Footage:5,568 SF
Transaction Type:Sale

The property asset involved in the transaction is a multifamily unit located at 1655 Carmona Avenue, Los Angeles. The sale was finalized for a price of $1,100,000, encompassing a total of 6 units. The building has a total square footage of 5,568, resulting in a price per unit of $183,333 and a price per square foot of $197.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $1,100,000
  • Units: 6
  • Square Footage: 5,568
  • Price Per Unit: $183,333
  • Price Per Square Foot: $197
  • Buyer: Sam H. Grayeli
  • Seller: Steve Mizrahi
  • Brokers: Michael Kamara - The Kamara Multifamily Group; Michael Sterman - Marcus & Millichap

The transaction involved key players including buyer Sam H. Grayeli and seller Steve Mizrahi. Representing the interests of the buyer and seller were brokers Michael Kamara from The Kamara Multifamily Group and Michael Sterman from Marcus & Millichap, highlighting the expertise brought into this multifamily real estate deal.

Players

Michael Sterman
39 deals$307.7M volume(818) 943-2319
BROKER

Michael Kamara
20 deals$60.4M volume(310) 666-5837
BROKER

Details

SOLD
IMAGE: Michael Kamara & Michael Sterman DATE: 05/08/2026 ADDRESS: 1655 Carmona Avenue MARKET: Los Angeles ASSET TYPE: Multifamily BUYER: Sam H. Grayeli SELLER: Steve Mizrahi BROKERS: Michael Kamara (@MDKamara) - The Kamara Multifamily Group (@TheKamaraMultifamilyGroup); Michael Sterman (@Mikeylikezit) - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $1,100,000 UNITS: 6 ~ PPU: $183,333 SF: 5,568 ~ PPSF: $197

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$58,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,908.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,214.56
Annual Debt Service$62,574.73