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Bennett Hirsch & Josephine Amin Purchase Beverly Hills Multifamily For $2.85M As Buyer's Reps

Property Image
SOLD
$2,852,000
Michael Gilbert
Bennett Hirsch
Josephine Amin

California

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MultiFamily4,073 SF
Sold 05/14/2024
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Property Image
SOLD

Bennett Hirsch & Josephine Amin Purchase Beverly Hills Multifamily For $2.85M As Buyer's Reps

236 Reeves Drive

See Similar Deals
MultiFamily4,073 SF
Sold 05/14/2024
Michael Gilbert
Bennett Hirsch
Josephine Amin
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$700
Total Square Footage:4,073 SF
Transaction Type:Sale

236 South Reeves Drive in Beverly Hills is a multifamily property that recently sold for $2.85 million. The classic Mediterranean duplex features rich period details and generous layouts, with each unit offering 3 bedrooms, 2 baths, and modern updates, making it an excellent investment or owner/user opportunity.

Summary of transaction details:

Bennett Hirsch and Josephine Amin from The Agency represented the buyer in the transaction, while Michael Gilbert from Coldwell Banker acted as the seller's representative.

Players

Josephine Amin
Josephine Amin
5 deals$12.3M volume
BROKER
Bennett Hirsch
The Agency
Bennett Hirsch
5 deals$47.9M volume
BROKER
Michael Gilbert
Coldwell Banker
Michael Gilbert
2 deals$2.9M volume(818) 259-5208
BROKER

Details

SOLD
IMAGE: Bennett Hirsch, Josephine Amin & Michael Gilbert DATE: 05/14/2024 ADDRESS: 236 South Reeves Drive MARKET: Beverly Hills ASSET TYPE: Multifamily BUYER'S REP: Bennett Hirsch (@__.Bennett) & Josephine Amin (@Homes.by.Jo) - The Agency (@TheAgencyRE) SELLER'S REP: Michael Gilbert - Coldwell Banker (@ColdwellBanker) SALE PRICE: $2,852,000 SF: 4,073 ~ PPSF: $700 NOTE: 236 South Reeves Drive in Beverly Hills sold for $2.85 million, featuring a classic Mediterranean duplex with rich period details and generous layouts. Each unit has 3 bedrooms, 2 baths, and modern updates, making it an excellent investment or owner/user opportunity.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,132.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,519.94
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