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Eli Appel, Joshua Ross, And Aram Afshar Broker $6.35M Multifamily Sale In Beverly Hills

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SOLD
$6,350,000

California

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Sold 09/03/2020
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Property Image
SOLD

Eli Appel, Joshua Ross, And Aram Afshar Broker $6.35M Multifamily Sale In Beverly Hills

210 S Hamilton Dr, Beverly Hills, CA 90211, USA

See Similar Deals
Sold 09/03/2020
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Summary

CALIFORNIA
Transaction Type:Sale

The multifamily property located at 210 S Hamilton Dr in Beverly Hills has been sold in a recent transaction. The property consists of 10 units spread across 9,022 square feet. The sale price for this transaction was $6,350,000, resulting in a price per square foot of $703. Each unit was sold for approximately $635,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $6,350,000
  • Address: 210 S Hamilton Dr, Beverly Hills
  • Square Footage: 9,022
  • Price Per Square Foot: $703
  • Number of Units: 10
  • Price Per Unit: $635,000

The transaction was facilitated by Eli Appel, Joshua Ross, and Aram Afshar as the brokers representing the parties involved.

Players

Aram Afshar
12 deals$69.7M volume
BROKER

Eli Appel
Equity Union Real Estate
6 deals$34.2M volume(818) 390-4181
BROKER

Joshua Ross
Marcus & Millichap
2 deals$24.3M volume
BROKER

Details

SOLD
IMAGE: Joshua Ross, Eli Appel & Aram Afshar DATE: 09/03/2020 ADDRESS: 210 S Hamilton Dr MARKET: Beverly Hills ASSET TYPE: Multifamily PRICE: $6,350,000 SF: 9,022 PPSF: $703 UNITS: 10 PPU: $635,000 BROKERS: Eli Appel, Joshua Ross, Aram Afshar

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

$338,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$22,560.21
Cash-on-Cash Return-1.27%
Monthly Debt Service$30,102.24
Annual Debt Service$361,226.88