Updated Dec 21, 2023
Bob Rashidi Acquires Multifamily Property On N. Hamilton Dr. In Beverly Hills For $2.4M
139 North Hamilton Drive, Beverly Hills, CA 90211
$2,400,000
$462/SF
Building Size
5,190 SF
Asset Type
MultiFamily
Closing
Oct 29, 2021
About this deal
AI
Located at 139 N. Hamilton Dr. in Beverly Hills, this multifamily property has recently been sold in a closed transaction. The property spans over 5,190 square feet and consists of 7 units. The sale price for this property was $2,400,000, resulting in a per unit price of $342,857 and a price per square foot of $462.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,400,000
- Units: 7
- Price Per Unit: $342,857
- Square Footage: 5,190
- Price Per Square Foot: $462
- Market: Beverly Hills
- Buyer: Bob Rashidi
- Seller: Monica Wieser
- Broker: Andy C. Kawatra - Marcus & Millichap
Represented by Andy C. Kawatra of Marcus & Millichap, the buyer, Bob Rashidi, successfully acquired this multifamily property from the seller, Monica Wieser, in the vibrant market of Beverly Hills. This transaction demonstrates the continued activity and demand for multifamily assets in the area.
Beverly Hills MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Andy Kawatra 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
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93