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2130 North Beachwood Drive,...

Updated Oct 29, 2024

Berkshire Hathaway HomeServices Acquires Hollywood Hills Multifamily For $3.8M
SOLDMultiFamily

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

About this deal

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.

The multifamily sale at 2130 North Beachwood Drive, Central LA, Los Angeles, CA, USA in Los Angeles, California sold for $3.8M in 2020. The building is 10,948 square feet, implying about 347 per square foot on the published price. Named participants on the 2130 North Beachwood Drive, Central LA, Los Angeles, CA, USA sale are Lane Aronson. This page is the Los Angeles, California file for the 2130 North Beachwood Drive, Central LA, Los Angeles, CA, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles multifamily set by closing date to see what else sold near 2130 North Beachwood Drive, Central LA, Los Angeles, CA, USA around 2020. Published consideration for 2130 North Beachwood Drive, Central LA, Los Angeles, CA, USA is $3.8M, dated 2020. Cite this Berkshire Hathaway HomeServices Acquires Hollywood Hills Multifamily For $3.8M sale when underwriting similar multifamily product around Los Angeles, California.

On the Map

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$3,800,000

$347/SF

MultiFamily

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Players

Lane Aronson

Berkshire Hathaway HomeServices

Broker

$18.5M

vol

4 deals

Broker
LT
Living TrustSeller
Bilt advertisement

Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $347 per square foot on a published $3.8M for 10,948 square feet (2020).

Visit Lane Aronson to view all their deals.

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

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