Updated Dec 21, 2023
Aaron Biston Sells 8-Unit Multifamily Property In Beverly Hills For $5.6M With Brokers Jordan Asheghian & Tony Azzi
337 North Oakhurst Drive, Beverly Hills, CA 90210, USA
$5,639,000
$686/SF
Building Size
8,209 SF
Asset Type
MultiFamily
Closing
Oct 12, 2021
About this deal
AI
The multifamily property located at 337 N. Oakhurst Dr. in Beverly Hills has been sold for a price of $5,639,000. This property consists of 8 units with an average price per unit of $704,875. The total square footage of the property is 8,209, resulting in an average price per square foot of $686.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $5,639,000
- Address: 337 N. Oakhurst Dr.
- Market: Beverly Hills
The seller of this property was Aaron Biston. The brokers involved in this transaction were Jordan Asheghian and Tony Azzi from Marcus & Millichap.
Players
Beverly Hills 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
2.81%
Cash-on-Cash
-0.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93