Updated Dec 21, 2023
Kevin Corbett Acquires Multifamily Property In Beverly Hills For $11.4M
110 South Swall Drive, Beverly Hills, California 90211, United States
$11,400,000
$550/SF
Building Size
20,712 SF
Asset Type
MultiFamily
Closing
May 16, 2022
About this deal
AI
The multifamily property located at 110-12 S. Swall Drive in Beverly Hills has been sold for a total of $11,400,000. The transaction took place on 05/17/2022 and involved 21 units with an average price per unit of $542,857. The total square footage of the property is 20,712, with a price per square foot of $550.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $11,400,000
- Units: 21
- Price per Unit: $542,857
- Square Footage: 20,712
- Price per Square Foot: $550
- Address: 110-12 S. Swall Drive
- Market: Beverly Hills
Kevin Corbett purchased the property from Raymond Homicz. The transaction was facilitated by Taylor Avakian and Charles Wright from Matthews Real Estate Investment Services.
On the Map
$11,400,000
$550/SF
MultiFamily
View full map
Players
Beverly Hills MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Taylor Avakian to view all their deals.
Browse California multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.39%
Cash-on-Cash
-0.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93