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:
- Property Type: Multifamily
- Transaction Amount: $6,769,188
- Sale Price: $6,769,188
- Square Footage: 13,839
- Price per Square Foot: $489
- Buyer: Ryan Rembert, Mason Rowland, Josh Omidi - Shenandoah Investment LP
- Seller: Anthony Gambucci
- Buyer's Representative: Ryan Rembert, Mason Rowland, and Josh Omidi - KW Commercial
- Seller's Representatives: Will Joseph & Rachel Joseph - Joseph Group
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
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