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:
- Property Type: Multifamily
- Transaction Amount: $1,800,000
- Units: 20
- Price Per Unit: $90,000
- Square Footage: 11,096
- Price Per Square Foot: $162
- Buyer: Shahram Shouhed & Soroor Shouhed
- Seller: Delbert Hodge & Marcel Hodge
- Brokers: Tony Azzi & Arteen Zahiri, Rabbie Banafsheha & Lucas Vicente Koupai - Marcus & Millichap
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
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