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8430 Wiley Post Avenue

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
SOLDMultiFamily

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:

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

Cameron Samimi
Verified Badge

Cameron Samimi

Lyon Stahl Investment Real Estate

Broker

$153.8M

vol

57 deals

Broker

Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $593 per square foot on a published $1.4M for 2,360 square feet (2026).

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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

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