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4067 Beverly Boulevard

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

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:

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

Marcus & Millichap

Broker

$77.4M

vol

15 deals

Broker

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