Rohit Mehta Acquires Multifamily Property In West Los Angeles For $11.9M
SOLD
$11,900,000
California
See Similar DealsMultiFamily26,990 SF
Sold 06/30/2022
SOLD
Rohit Mehta Acquires Multifamily Property In West Los Angeles For $11.9M
1616 South Bentley Avenue, Los Angeles, California 90025, United States
See Similar DealsMultiFamily26,990 SF
Sold 06/30/2022
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$440
Total Square Footage:26,990 SF
Transaction Type:Sale
The multifamily property located at 1616 S. Bentley Ave. in West Los Angeles has been sold in a closed transaction. The sale was facilitated by brokers Jonathan Taksa and Rob Renshaw from Taksa Investment Group. The transaction took place on June 30, 2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $11,900,000
- Units: 17
- Price Per Unit: $700,000
- Square Footage: 26,990
- Price Per Square Foot: $441
- Address: 1616 S. Bentley Ave., West Los Angeles
The buyer of the property is Rohit Mehta, while the seller is Berestetsky Chertok Neyman. Jonathan Taksa and Rob Renshaw, representing Taksa Investment Group, acted as the brokers in this transaction. The property consists of 17 units with an average price per unit of $700,000. It has a total square footage of 26,990, resulting in a price per square foot of $441. The transaction closed on June 30, 2022, marking the successful sale of this multifamily property in West Los Angeles.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$634,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$42,278.18
Cash-on-Cash Return-1.27%
Monthly Debt Service$56,412.07
Annual Debt Service$676,944.85
Is there something missing? Send suggestions