Updated Aug 24, 2026
Michael Hillman Acquires Multifamily Property At 8430 Wiley Post Avenue For $1.4M With Seller's Rep Cameron Samimi & David Messiah
8430 Wiley Post Avenue
$1,400,000
$593/SF
Building Size
2,360 SF
Asset Type
MultiFamily
Closing
Aug 14, 2026
About this deal
AI
The property asset involved in this transaction is a multifamily unit located at 8430 Wiley Post Avenue in Los Angeles. The sale price was recorded at $1,400,000, with a total of 4 units, resulting in a price per unit of $350,000. The property encompasses a total square footage of 2,360, translating to a price per square foot of $593.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,400,000
- Units: 4
- Price Per Unit: $350,000
- Square Footage: 2,360
- Price Per Square Foot: $593
- Buyer: Michael Hillman
- Seller: Gabriel Griffith
- Seller's Representative: Cameron Samimi & David Messiah - Lyon Stahl Investment Real Estate
- Transaction Date: 08/14/2026
The deal was facilitated by Cameron Samimi and David Messiah, who represent the seller Gabriel Griffith in this multifamily real estate transaction. Their involvement was crucial in navigating the sale process and connecting the buyer, Michael Hillman, with the seller.
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
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93