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10767 Massachusetts Avenue

Mana Khajavi Purchases Multifamily Property From Darius Nelson In Los Angeles For $1.8M
SOLDMultiFamily

Mana Khajavi Purchases Multifamily Property From Darius Nelson In Los Angeles For $1.8M

10767 Massachusetts Avenue

$1,800,000

$526/SF

Building Size

3,422 SF

Asset Type

MultiFamily

Closing

Feb 26, 2026

AI

The property asset involved in this transaction is a multifamily unit located at 10767 Massachusetts Avenue in Los Angeles. The sale price was $1,800,000 for a total of 4 units, which translates to a per unit price of $450,000. The total square footage of the asset is 3,422, resulting in a price per square foot of $526.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,800,000
  • Units: 4
  • Price Per Unit: $450,000
  • Square Footage: 3,422
  • Price Per Square Foot: $526
  • Buyer: Mana Khajavi
  • Seller: Darius Nelson
  • Buyer's Representative: Azy Farahmand - The Agency

The individuals involved in the transaction include buyer Mana Khajavi and seller Darius Nelson. Azy Farahmand, representing the buyer, is affiliated with The Agency, facilitating this sale in the Los Angeles market.

Players

Azy Farahmand

The Agency

Broker

$33.9M

vol

11 deals

Broker

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

8.81%

Cash-on-Cash

-2.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93