Shawn Silver Purchases Multifamily Property From Swapnil Agarwal For $8.5 Million In Los Angeles
3408 West Sunset Boulevard
$8,500,000
$264/SF
Building Size
32,194 SF
Asset Type
MultiFamily
Closing
Jun 4, 2025
AI
The multifamily asset at 3408 West Sunset Boulevard in Los Angeles features 52 units, encompassing a total square footage of 32,194. The property has been sold for a price of $8,500,000, resulting in a price per unit of $163,461 and a price per square foot of $264.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $8,500,000
- Units: 52
- Square Footage: 32,194
- Price Per Unit: $163,461
- Price Per Square Foot: $264
- Buyer: Shawn Silver
- Seller: Swapnil Agarwal
- Buyer's Representative: Rabbie Banafsheha - Marcus & Millichap
- Broker Representatives: Tony Azzi & Arteen Zahiri - Marcus & Millichap
- Date of Sale: 6/4/2025
The transaction involved key individuals such as buyer Shawn Silver and seller Swapnil Agarwal, with Rabbie Banafsheha representing the buyer through Marcus & Millichap. The brokerage was also represented by Tony Azzi and Arteen Zahiri, also from Marcus & Millichap, indicating a coordinated effort in the deal.
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
1.87%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93