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LMA Properties Purchases Multifamily Property From Ray Soleimani For $1.2 Million In Los Angeles

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SOLD
$1,200,000

California

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MultiFamily8,815 SF
Sold 08/27/2025
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SOLD

LMA Properties Purchases Multifamily Property From Ray Soleimani For $1.2 Million In Los Angeles

3438 Mckinley Avenue

See Similar Deals
MultiFamily8,815 SF
Sold 08/27/2025
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$136
Total Square Footage:8,815 SF
Transaction Type:Sale

The transaction involves a multifamily asset located at 3438 Mckinley Avenue in the Los Angeles market. The property sold for $1,200,000, featuring 8 units with a price per unit of $150,000. The total square footage of the property is 8,815, resulting in a price per square foot of $136.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,200,000
  • Units: 8
  • Price per Unit: $150,000
  • Square Footage: 8,815
  • Price per Square Foot: $136
  • Buyer: LMA Properties
  • Seller: Ray Soleimani - Ray Management
  • Brokers: Aaron Jacobson, Cameron Samimi & Evelyn Baez - Lyon Stahl Investment Real Estate

The deal was facilitated by the brokerage team of Aaron Jacobson, Cameron Samimi, and Evelyn Baez, who represented the seller Ray Soleimani from Ray Management in this transaction.

Players

Cameron Samimi
50 deals$136.6M volume(310) 259-7556
BROKER

Aaron Jacobson
Lyon Stahl Investment Real Estate
19 deals$46.7M volume
BROKER

Evelyn Baez
Lyon Stahl Investment Real Estate
6 deals$13.8M volume(951) 902-3006
BROKER

Lyon Stahl Investment Real Estate
BROKERAGE

Details

SOLD
IMAGE: Aaron Jacobson, Cameron Samimi & Evelyn Baez DATE: 08/27/2025 ADDRESS: 3438 Mckinley Avenue MARKET: Los Angeles ASSET TYPE: Multifamily BUYER: LMA Properties SELLER: Ray Soleimani - Ray Management BROKERS: Aaron Jacobson (@MrAaronJacobson), Cameron Samimi (@Samimimonster) & Evelyn Baez (@OfficialEvelynBaez) - Lyon Stahl Investment Real Estate (@LyonStahl) SALE PRICE: $1,200,000 UNITS: 8 ~ PPU: $150,000 SF: 8,815 ~ PPSF: $136

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$64,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,263.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,688.61
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