Updated Oct 29, 2024
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
$3,800,000
$347/SF
MultiFamily
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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