Jock Paul Chin Purchases Multifamily Property In Torrance For $1,973,000 With Cameron Samimi & Sasha Savar As Buyer's Representatives
2859 West 235th Street
$1,973,000
$414/SF
Building Size
4,756 SF
Asset Type
MultiFamily
Closing
Apr 21, 2026
AI
The property asset involved in the transaction is a multifamily building located at 2859 West 235th Street in Torrance. This asset has a total sale price of $1,973,000 and comprises 4 units. The total square footage of the property is 4,756, resulting in a price per unit of $493,250 and a price per square foot of $414.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,973,000
- Units: 4
- Square Footage: 4,756
- Price Per Unit: $493,250
- Price Per Square Foot: $414
- Buyer: Jock Paul Chin
- Seller: Bill Tang
- Buyer’s Representative: Cameron Samimi & Sasha Savar - Lyon Stahl Investment Real Estate
- Seller’s Representative: Johnnie Stiegler & Stephen Takahashi - Stiegler | Takahashi Investment Group - Lyon Stahl Investment Real Estate
The transaction involved key individuals representing both the buyer and the seller. The buyer was represented by Cameron Samimi and Sasha Savar, while the seller was represented by Johnnie Stiegler and Stephen Takahashi, both from the Lyon Stahl Investment Real Estate brokerage. This coordination between the representatives facilitated the completion of the real estate deal.
Players
Torrance 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
8.04%
Cash-on-Cash
-2.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93