Updated Nov 3, 2026
Miles Kim Acquires Multifamily Asset From Tom Myers For $5.8M In Los Angeles
1811 South Bentley Avenue
$5,800,000
$350/SF
Building Size
16,568 SF
Asset Type
MultiFamily
Closing
Oct 28, 2026
About this deal
AI
The asset involved in this transaction is a multifamily property located at 1811 South Bentley Avenue in the Los Angeles market. The sale was completed for a total price of $5,800,000 and consists of 15 units, equating to a price per unit of $386,666. The total square footage of the property is 16,568, with a price per square foot of $350.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,800,000
- Units: 15
- Price per Unit: $386,666
- Square Footage: 16,568
- Price per Square Foot: $350
- Buyer: Miles Kim
- Seller: Tom Myers
- Seller's Representatives: Jake Glaser - Lyon Stahl Investment Real Estate; Jonathan Taksa - Taksa Investment Group; Kelly Brennan - Serhant
This transaction features key individuals including Miles Kim as the buyer and Tom Myers as the seller. The seller was represented by a team comprising Jake Glaser from Lyon Stahl Investment Real Estate, Jonathan Taksa from Taksa Investment Group, and Kelly Brennan from Serhant, highlighting the collaborative efforts in facilitating the deal.
On the Map
$5,800,000
$350/SF
MultiFamily
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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
2.73%
Cash-on-Cash
-0.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93