Updated Oct 22, 2026
Michelle Jung Acquires 4-Unit Multifamily Building In Los Angeles From Christopher Bennett For $995,000
608 North Breed Street
$995,000
$298/SF
Building Size
3,330 SF
Asset Type
MultiFamily
Closing
Oct 20, 2026
About this deal
AI
This multifamily property consists of a 4-unit apartment building located at 608 North Breed Street in the Los Angeles market. The property spans a total of 3,330 square feet and was sold for $995,000, equating to a price per unit of $248,750 and a price per square foot of $298.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $995,000
- Units: 4
- Square Footage: 3,330
- Price Per Unit: $248,750
- Price Per Square Foot: $298
- Buyer: Michelle Jung
- Seller: Christopher Bennett
- Brokers: Brandon Maghen & Aaron Jacobson - Lyon Stahl Investment Real Estate
- Date of Transaction: 10/20/2026
- Market: Los Angeles
Brandon Maghen and Aaron Jacobson effectively facilitated this transaction in the Boyle Heights submarket, ensuring that the seller achieved the full asking price. Their success was attributed to strategic marketing and targeted outreach to potential buyers, which streamlined the escrow process and matched the right buyer with the property.
On the Map
$995,000
$298/SF
MultiFamily
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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
15.94%
Cash-on-Cash
-4.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93