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2859 West 235th Street

Jock Paul Chin Purchases Multifamily Property In Torrance For $1,973,000 With Cameron Samimi & Sasha Savar As Buyer's Representatives
SOLDMultiFamily

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

Cameron Samimi
Verified Badge

Cameron Samimi

Lyon Stahl Investment Real Estate

Broker

$141.4M

vol

51 deals

Broker

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