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
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