facebook
Traded Co logo
Submit

Keller Williams Broker Team Sells Beverly Hills Multifamily Property For $3.38M

Property Image
SOLD
$3,380,000

California

See Similar Deals
MultiFamily6,807 SF
Sold 08/24/2023
the dealplayerscompscontact
Property Image
SOLD

Keller Williams Broker Team Sells Beverly Hills Multifamily Property For $3.38M

401 N Oakhurst Dr Beverly Hills, CA 90210, USA

See Similar Deals
MultiFamily6,807 SF
Sold 08/24/2023
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$496
Total Square Footage:6,807 SF
Transaction Type:Sale

The property at 401 North Oakhurst Drive in Beverly Hills was recently sold for a price of $3,380,000. This multifamily asset consists of 6 units, resulting in a per unit price of $563,333. The total square footage of the property is 6,807, leading to a price per square foot of $497. The transaction took place on 08/24/2023.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $3,380,000
  • Units: 6
  • Price per Unit: $563,333
  • Square Footage: 6,807
  • Price per Square Foot: $497
  • Market: Beverly Hills
  • Sellers' Representative: Hamid Soroudi & Jared Battat - Keller Williams

Hamid Soroudi and Jared Battat from Keller Williams were the brokers involved in this transaction. They facilitated the successful sale of the property at 401 North Oakhurst Drive in Beverly Hills. Their expertise and negotiation skills were instrumental in achieving the final sale price.

Players

7 deals$74M volume(310) 432-6547
BROKER

Details

SOLD
IMAGE: Hamid Soroudi & Jared Battat DATE: 08/24/2023 ADDRESS: 401 North Oakhurst Drive MARKET: Beverly Hills ASSET TYPE: MultiFamily BROKERS: Hamid Soroudi & Jared Battat - Keller Williams (@KellerWilliamsRealty) SALE PRICE: $3,380,000 UNITS: 6 ~ PPU: $563,333 SF: 6,807 ~ PPSF: $497

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$180,266.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$12,008.43
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,022.92
Annual Debt Service$192,275.09