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1916 Crenshaw Boulevard

Shahram Shouhed & Soroor Shouhed Acquire Multifamily Asset In Los Angeles For $1.8M
SOLDMultiFamily

Shahram Shouhed & Soroor Shouhed Acquire Multifamily Asset In Los Angeles For $1.8M

1916 Crenshaw Boulevard

$1,800,000

$162/SF

Building Size

11,096 SF

Asset Type

MultiFamily

Closing

Aug 7, 2026

AI

The transaction involved a multifamily asset located at 1916 Crenshaw Boulevard, which was sold for $1,800,000. The property comprises 20 units, providing a price per unit of $90,000. It encompasses a total square footage of 11,096, translating to a price per square foot of $162 in the Los Angeles market.

Summary of transaction details:

The buyers of the property are Shahram Shouhed and Soroor Shouhed, while the sellers are Delbert Hodge and Marcel Hodge. The brokerage team involved in this transaction includes Tony Azzi, Arteen Zahiri, Rabbie Banafsheha, and Lucas Vicente Koupai, all representing Marcus & Millichap.

Players

Rabbie Banafsheha

Marcus & Millichap

Broker

$361.6M

vol

23 deals

Broker
Arteen Zahiri
Verified Badge

Arteen Zahiri

Marcus & Millichap

Broker

$159.7M

vol

10 deals

Broker

Shahram Shouhed

Buyer

$1.8M

vol

1 deal

Buyer

Delbert Hodge

Seller

$1.8M

vol

1 deal

Seller

Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.81%

Cash-on-Cash

-2.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93