Andrew Sohn Of Beverly Sohn Properties Purchases Mixed-use Property In Los Angeles For $3.45M
4067 Beverly Boulevard
$3,450,000
$431/SF
Building Size
7,990 SF
Asset Type
Mixed-use
Closing
Oct 9, 2024
AI
The property involved in this transaction is a mixed-use asset located at 4067 Beverly Boulevard in Los Angeles. The sale was concluded for a total price of $3,450,000, with a square footage of 7,990 and a price per square foot of $431.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $3,450,000
- Address: 4067 Beverly Boulevard
- Market: Los Angeles
- Square Footage: 7,990
- Price per Square Foot: $431
- Buyer: Andrew Sohn - Beverly Sohn Properties
- Seller: Henry Nehoray
- Seller's Representative: Iman Mossanen & Neema Ahadian - Marcus & Millichap
- Buyer's Representative: Maggie Lalezari - Pinnacle Estate Properties
The transaction involved Andrew Sohn representing Beverly Sohn Properties as the buyer, while Henry Nehoray was the seller. The seller was represented by Iman Mossanen and Neema Ahadian from Marcus & Millichap. The buyer's interests were represented by Maggie Lalezari from Pinnacle Estate Properties.
Players
Los Angeles Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.60%
Cash-on-Cash
-1.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93