Berkshire Hathaway HomeServices Acquires Hollywood Hills Multifamily For $3.8M
2130 North Beachwood Drive, Central LA, Los Angeles, CA, USA
$3,800,000
$347/SF
Building Size
10,948 SF
Asset Type
MultiFamily
Closing
May 4, 2020
AI
The multifamily property located at 2130 Beachwood Dr in Hollywood Hills was recently sold for $3,800,000. The property spans 10,948 square feet, resulting in a price per square foot of $347. The sale was executed by Jeanne L Oliver Living Trust.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,800,000
- Address: 2130 Beachwood Dr
- Market: Hollywood Hills
Lane Aaronson, representing Berkshire Hathaway HomeServices California, acted as the broker for this sale.
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
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93