Updated Feb 20, 2025
HRS PROPERTIES LLC Acquires Multifamily Property From Robin Gross And Dale Robin For $6.85M
405 Shirley Place
$6,850,000
$522/SF
Building Size
13,122 SF
Asset Type
MultiFamily
Closing
Sep 27, 2018
About this deal
AI
The property asset involved in the transaction is located at 405 Shirley Place in Beverly Hills. This multifamily asset spans a total square footage of 13,122. The transaction price for this property was $6,850,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $6,850,000.00
- Address: 405 Shirley Place
- Market: Beverly Hills
- Square Footage: 13122.0
- Buyer: HRS PROPERTIES LLC
- Seller: ROBIN GROSS, DALE; ROBIN, BETH
- Broker Representatives: Jordan Rubinstein - Century Park Realty, Allen Roth - Sotheby's International Realty
The key individuals involved in this transaction include the buyer, HRS PROPERTIES LLC, and the sellers, ROBIN GROSS, DALE; ROBIN, BETH. The transaction was facilitated by the broker representatives, Jordan Rubinstein from Century Park Realty, and Allen Roth from Sotheby's International Realty.
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
2.32%
Cash-on-Cash
-0.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93