Jay Harik Acquires Multifamily Property In Beverlywood From Revere Investments For $4.17M
2009 Preuss Road, Los Angeles, California 90034, United States
$4,170,000
$467/SF
Building Size
8,912 SF
Asset Type
MultiFamily
Closing
Apr 13, 2022
AI
A multifamily property located at 2009 Preuss Rd. in Beverlywood has been sold for a total of $4,170,000. The property consists of 11 units with an average price per unit of $379,090. The total square footage is 8,912, resulting in an average price per square foot of $467.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,170,000
- Units: 11
- Price per Unit: $379,090
- Square Footage: 8,912
- Price per Square Foot: $467
- Address: 2009 Preuss Rd., Beverlywood
- Market: Beverlywood
The buyer for this transaction is Jay Harik, while the seller is Revere Investments. The seller was represented by John Swartz and Chris Chasin from Compass.
Players
Los Angeles 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
3.80%
Cash-on-Cash
-1.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93