8430 Wiley Post Avenue, Los Angeles, CA
8430 Wiley Post Ave, LA — 4-Unit Multifamily Sold $1.4M
Price
$1,400,000
Units
4
$/Unit
$350,000/unit
Type
multifamily
Deal summary
8430 Wiley Post Avenue, Los Angeles, CA is a 4-unit multifamily property that sold for $1,400,000 ($350,000/unit) in August 2026. Cameron Samimi of Samimi CRE Advisors represented the Seller Representation in the transaction.
The Challenge
My seller owned a 4-unit, 2,360 SF building at 8430 Wiley Post Avenue in the Westchester pocket of Los Angeles and wanted a clean, certain exit. Small 1–4 unit product in this part of LA trades thinly, buyer financing at current rates is tight, and Los Angeles RSO rules mean in-place rents — not pro-forma assumptions — drive what a buyer will actually pay (always verify rent-control status for the specific property).
What We Did
I priced the building off the real Westchester and Westside LA 1–4 unit comp set rather than a countywide average, then marketed it directly into our active investor list of 614+ buyers alongside David Messiah. We underwrote the rent roll unit by unit, documented the RSO position up front so nothing surfaced late in diligence, and negotiated terms with buyer Michael Hillman that kept the escrow tight and free of re-trades.
The Result
The four-unit building closed on August 14, 2026 at $1,400,000 — $350,000 per unit and $593 per square foot. My seller, Gabriel Griffith, achieved a certain close at a defensible basis, and the buyer acquired a stabilized Westchester-area asset. It is one more Los Angeles multifamily transaction in a track record now past 334 closings, $446M+ in volume, and 3,000+ units sold.
Verified coverage
This closing was reported by Traded (August 2026).
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