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Yaacov Bren Purchases Los Angeles Multifamily Property From Peter Philip For $1.4M

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SOLD
$1,400,000

California

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MultiFamily10,598 SF
Sold 11/24/2025
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Property Image
SOLD

Yaacov Bren Purchases Los Angeles Multifamily Property From Peter Philip For $1.4M

944 South Park View Street

See Similar Deals
MultiFamily10,598 SF
Sold 11/24/2025
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$132
Total Square Footage:10,598 SF
Transaction Type:Sale

The property asset involved in this transaction is a multifamily unit located at 944 South Park View Street in Los Angeles. The sale price is set at $1,400,000, encompassing a total of 10 units within the structure. The building spans a total area of 10,598 square feet, translating to a price per unit of $140,000 and a price per square foot of $132.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,400,000
  • Units: 10
  • Square Footage: 10,598
  • Price Per Unit: $140,000
  • Price Per Square Foot: $132
  • Buyer: Yaacov Bren
  • Seller: Peter Philip
  • Broker Representatives: Michael Kamara - The Kamara Multifamily Group, Michael Sterman - Marcus & Millichap

The deal includes involvement from brokers Michael Kamara and Michael Sterman, representing their respective agencies in the context of this multifamily sale. Their roles are crucial in facilitating this transaction between buyer Yaacov Bren and seller Peter Philip, ensuring compliance and effective negotiation throughout the process.

Players

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

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

Details

SOLD
IMAGE: Michael Kamara & Michael Sterman DATE: 11/24/2025 ADDRESS: 944 South Park View Street MARKET: Los Angeles ASSET TYPE: Multifamily BUYER: Yaacov Bren SELLER: Peter Philip BROKERS: Michael Kamara (@MDKamara) - The Kamara Multifamily Group & Michael Sterman (@Mikeylikezit) - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $1,400,000 UNITS: 10 ~ PPU: $140,000 SF: 10,598 ~ PPSF: $132

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$74,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,973.91
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,636.71
Annual Debt Service$79,640.57