Updated Sep 11, 2026
Deepak Mehta & Nataliya Mehta Acquire Multifamily Property In Los Angeles For $66.1M
2201-2245 South Beverly Glen Boulevard
$66,100,000
$549/SF
Building Size
120,318 SF
Asset Type
MultiFamily
Closing
Mar 30, 2023
About this deal
AI
The multifamily property located at 2201, 2225 & 2245 South Beverly Glen Boulevard in Los Angeles has been sold. The property consists of 113 units with an average price per unit of $584,956. The total square footage of the property is 120,318, with a price per square foot of $549. The transaction closed at a sale price of $66,100,000.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $66,100,000
- Units: 113
- Price per Unit: $584,956
- Square Footage: 120,318
- Price per Square Foot: $549
- Location: 2201, 2225 & 2245 South Beverly Glen Boulevard, Los Angeles
Deepak Mehta and Nataliya Mehta were the buyers in the transaction, while Equity Residential acted as the seller. They successfully completed the deal, representing themselves in the transaction.
Players
Market 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
0.24%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93