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4120 Normal Avenue

Shawn Silver Acquires 20-Unit Multifamily Property From Robert Cave In Los Angeles For $5.8M
SOLDMultiFamily

Shawn Silver Acquires 20-Unit Multifamily Property From Robert Cave In Los Angeles For $5.8M

4120 Normal Avenue

$5,800,000

$418/SF

Building Size

13,862 SF

Asset Type

MultiFamily

Closing

Oct 13, 2025

AI

The property asset involved in the transaction is a multifamily building located at 4120 Normal Avenue in Los Angeles. The sale price of the property was $5,800,000, and it consists of 20 units. The building encompasses a total of 13,862 square feet, translating to a price per unit of $290,000 and a price per square foot of $418.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $5,800,000
  • Units: 20
  • Price Per Unit: $290,000
  • Square Footage: 13,862
  • Price Per Square Foot: $418
  • Buyer: Shawn Silver
  • Seller: Robert Cave
  • Brokers: Chase Simonton & John Sarna - Re/Max; Kevin Green - Marcus & Millichap
  • Market: Los Angeles
  • Date of Sale: 10/13/2025

Chase Simonton and John Sarna facilitated the transaction for buyer Shawn Silver, while Kevin Green's strong relationship with them allowed the property to transact entirely off-market. The negotiation process was reportedly seamless and efficient, benefiting all parties involved in the deal.

Players

Kevin Green

Marcus & Millichap

Broker

$3.5B

vol

54 deals

Broker
Re/Max
Re/MaxBrokerage

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

2.73%

Cash-on-Cash

-0.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93