Updated Oct 9, 2026
Dylan Jenkins Purchases Multifamily Asset From Patrick Young In Los Angeles For $1.15M
3101 West 48th Street
$1,150,000
$219/SF
Building Size
5,248 SF
Asset Type
MultiFamily
Closing
Oct 6, 2026
About this deal
AI
The property asset involved in the transaction is a multifamily unit located at 3101 West 48th Street in the Los Angeles market. The sale price for the asset was $1,150,000, encompassing a total of 8 units. The property has a total square footage of 5,248, resulting in a price per unit of $143,750 and a price per square foot of $219.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Units: 8
- Square Footage: 5,248
- Price Per Unit: $143,750
- Price Per Square Foot: $219
- Buyer: Dylan Jenkins
- Seller: Patrick Young
- Broker: Jake Glaser - Lyon Stahl Investment Real Estate
The deal was executed with Dylan Jenkins acquiring the property from seller Patrick Young, facilitated by broker Jake Glaser from Lyon Stahl Investment Real Estate. This transaction highlights the involvement of key individuals and their respective roles in the deal.
On the Map
$1,150,000
$219/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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93