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908 South Shenandoah Street

Ryan Rembert Mason Rowland And Josh Omidi Of KW Commercial Represent Buyer In Multifamily Sale For $6.77M
SOLDMultiFamily

Ryan Rembert Mason Rowland And Josh Omidi Of KW Commercial Represent Buyer In Multifamily Sale For $6.77M

908 South Shenandoah Street

$6,925,000

$500/SF

Building Size

13,839 SF

Asset Type

MultiFamily

Closing

Sep 16, 2025

AI

The transaction involved a multifamily asset located at 908 South Shenandoah Street in the Los Angeles market. The property has a sale price of $6,769,188, with a size of 13,839 square feet, resulting in a price per square foot of $489.

Summary of transaction details:

This deal was facilitated by Ryan Rembert, Mason Rowland, and Josh Omidi of KW Commercial, who represented the buyers, while Will Joseph and Rachel Joseph of the Joseph Group represented the seller. The transaction marks the 10th asset under management and ownership for Rembert & Rowland CRE and Sunset Management Group. They expressed gratitude to their investors for their ongoing trust and partnership, and acknowledged attorney Michelle Omidi Keyvani at The Key Law Firm for her support.

Players

Ryan Rembert

Keller Williams Realty

Broker

$230.8M

vol

11 deals

Broker
KW Commercial
KW CommercialBrokerage
Joseph Group
Joseph GroupBrokerage
Ryan Rembert

Ryan Rembert

Buyer

$230.8M

vol

11 deals

Buyer

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

2.29%

Cash-on-Cash

-0.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93