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401 N Oakhurst Dr Beverly H...

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

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

401 N Oakhurst Dr Beverly Hills, CA 90210, USA

$3,380,000

$496/SF

Building Size

6,807 SF

Asset Type

MultiFamily

Closing

Aug 24, 2023

AI

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

Hamid Soroudi

Broker

$74M

vol

7 deals

Broker

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

4.69%

Cash-on-Cash

-1.34%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93