Luis Povolo Acquires Multifamily Asset In Hawthorne For $5.1 Million With Seller's Reps Cameron Samimi & Bobby Sillman
4055 West 129th Street
$5,100,000
$366/SF
Building Size
13,903 SF
Asset Type
MultiFamily
Closing
Apr 10, 2026
AI
The property involved in this transaction is a multifamily asset located at 4055 West 129th Street in Hawthorne, comprising 25 units. The sale price for this property was $5,100,000, which translates to a per unit price of $204,000. The total square footage of the asset is 13,903, giving it a price per square foot of $366.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,100,000
- Units: 25
- Price Per Unit: $204,000
- Square Footage: 13,903
- Price Per Square Foot: $366
- Buyer: Luis Povolo
- Seller's Representative: Cameron Samimi & Bobby Sillman - Lyon Stahl Investment Real Estate
The key individuals involved in this transaction include the buyer, Luis Povolo, who acquired the asset, and the seller's representatives, Cameron Samimi and Bobby Sillman, who are affiliated with Lyon Stahl Investment Real Estate. Their roles highlight the professional involvement in finalizing this deal within the specified market.
Players
Hawthorne MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.11%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93