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Andrew Sohn Of Beverly Sohn Properties Purchases Mixed-use Property In Los Angeles For $3.45M

Property Image
SOLD
$3,450,000

California

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Mixed-use7,990 SF
Sold 10/09/2024
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Property Image
SOLD

Andrew Sohn Of Beverly Sohn Properties Purchases Mixed-use Property In Los Angeles For $3.45M

4067 Beverly Boulevard

See Similar Deals
Mixed-use7,990 SF
Sold 10/09/2024
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Summary

CALIFORNIA
Asset Type:Mixed-use
Price Per Square Foot:$431
Total Square Footage:7,990 SF
Transaction Type:Sale

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:

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

Iman Mossanen
15 deals$77.4M volume(310) 909-5500
BROKER

Neema Ahadian
Marcus & Millichap
79 deals$733M volume(310) 691-9929
BROKER

Maggie Lalezari
Pinnacle Estate Properties
1 deal$3.5M volume(818) 516-5450
BROKER

Details

SOLD
IMAGE: Iman Mossanen & Neema Ahadian DATE: 10/09/2024 ADDRESS: 4067 Beverly Boulevard MARKET: Los Angeles ASSET TYPE: Mixed-use BUYER: Andrew Sohn - Beverly Sohn Properties SELLER: Henry Nehoray SELLER'S REP: Iman Mossanen (@Mossanencre) & Neema Ahadian (@TheNeemaGroup) - Marcus & Millichap (@MarcusMillichapinc) BUYER'S REP: Maggie Lalezari - Pinnacle Estate Properties (@PinnacleEstate) SALE PRICE: $3,450,000 SF: 7,990 ~ PPSF: $431

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Deal Type
Operating Income
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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$12,257.11
Cash-on-Cash Return-1.27%
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