Updated Dec 21, 2023
Iman Novin Acquires Apartment In Pleasant Hill, CA For $23.3M
1460 Contra Costa Boulevard, Pleasant Hill, California 94523, United States
$23,300,000
$571/SF
Building Size
40,780 SF
Asset Type
MultiFamily
Closing
May 24, 2022
About this deal
AI
The apartment located at 1460 Contra Costa Blvd in Pleasant Hill, CA has been sold in a transaction that took place on May 25, 2022. The property spans approximately 40,780 square feet and was sold for a total price of $23,300,000, resulting in a price per square foot of $571.
Summary of transaction details
- Property Type: Apartment
- Transaction Amount: $23,300,000
- Address: 1460 Contra Costa Blvd, Pleasant Hill, CA
- Square Footage: 40,780
- Price Per Square Foot: $571
The buyer in this transaction is Iman Novin, while the seller is Gary V. Guarisco.
On the Map
$23,300,000
$571/SF
MultiFamily
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Pleasant Hill MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.68%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93