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Yaacov Bren Purchases 10-Unit Multifamily Property On Grace Avenue From Jackie Larson For $1.775M

Property Image
SOLD
$1,775,000

California

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MultiFamily6,916 SF
Sold 11/14/2025
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Property Image
SOLD

Yaacov Bren Purchases 10-Unit Multifamily Property On Grace Avenue From Jackie Larson For $1.775M

1820 Grace Avenue

See Similar Deals
MultiFamily6,916 SF
Sold 11/14/2025
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$256
Total Square Footage:6,916 SF
Transaction Type:Sale

The property asset involved in the transaction is a multifamily building located at 1820 Grace Avenue in Los Angeles. The sale price for this property was $1,775,000, comprising 10 units. The total square footage of the asset is 6,916, which translates to a price per unit of $177,500 and a price per square foot of $256.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,775,000
  • Units: 10
  • Square Feet: 6,916
  • Price Per Unit: $177,500
  • Price Per Square Foot: $256
  • Buyer: Yaacov Bren
  • Seller: Jackie Larson
  • Buyer & Seller's Representatives: Michael Kamara - The Kamara Multifamily Group & Michael Sterman - Marcus & Millichap

The transaction involved notable individuals such as buyer Yaacov Bren and seller Jackie Larson, along with their representatives Michael Kamara from The Kamara Multifamily Group and Michael Sterman from Marcus & Millichap, reflecting the collaboration of distinct parties in the multifamily real estate market.

Players

Michael Sterman
39 deals$307.7M volume(818) 943-2319
BROKER

Michael Kamara
19 deals$58.1M volume(310) 666-5837
BROKER

Marcus & Millichap
BROKERAGE

Details

SOLD
IMAGE: Michael Kamara & Michael Sterman DATE: 11/14/2025 ADDRESS: 1820 Grace Avenue MARKET: Los Angeles ASSET TYPE: Multifamily BUYER: Yaacov Bren SELLER: Jackie Larson BUYER & SELLER'S REP: Michael Kamara (@MDKamara) - The Kamara Multifamily Group & Michael Sterman (@Mikeylikezit) - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $1,775,000 UNITS: 10 ~ PPU: $177,500 SF: 6,916 ~ PPSF: $256

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,306.20
Cash-on-Cash Return-1.27%
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