facebook
Traded Co logo
Submit

Nataliya Mehta, Vivyannah Mehta, And Deepak Mehta Acquire Multifamily Property In Beverly Hills For $6M

Property Image
SOLD
$6,000,000

California

See Similar Deals
MultiFamily17,050 SF
Sold 10/17/2022
the dealplayerscompscontact
Property Image
SOLD

Nataliya Mehta, Vivyannah Mehta, And Deepak Mehta Acquire Multifamily Property In Beverly Hills For $6M

414 North Palm Drive, Beverly Hills, California 90210, United States

See Similar Deals
MultiFamily17,050 SF
Sold 10/17/2022
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$351
Total Square Footage:17,050 SF
Transaction Type:Sale

The multifamily property located at 414 N Palm Dr in Beverly Hills, CA has been sold. The transaction took place on 10/17/2022. The property consists of 10 units and has a total square footage of 17,050. The asking price for the property was $6,600,000, but it was sold for $6,000,000. This puts the price per unit at $600,000 and the price per square foot at $352.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $6,000,000
  • Units: 10
  • Square Footage: 17,050
  • Address: 414 N Palm Dr, Beverly Hills, CA

Nataliya Mehta, Vivyannah Mehta, and Deepak Mehta were the buyers in this transaction. The seller of the property was Chris Eber. The deal was facilitated by broker Hamid Soroudi from Keller Williams.

Players

11 deals$180.9M volume
BUYER

Details

SOLD
IMAGE: Vivyannah Mehta, Deepak Mehta & Nataliya Mehta DATE: 10/17/2022 ADDRESS: 414 N Palm Dr MARKET: Beverly Hills, CA ASSET TYPE: Multifamily BUYER: Nataliya Mehta (@NataliyaMehta), Vivyannah Mehta (@Vivyannah) & Deepak Mehta (@TheDeepakMehta) SELLER: Chris Eber BROKER: Hamid Soroudi - Keller Williams ASKING PRICE: $6,600,000 SALE PRICE: $6,000,000 UNITS: 10 ~ PPU: $600,000 SF: 17,050 ~ PPSF: $352

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)

$319,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$21,316.74
Cash-on-Cash Return-1.27%
Monthly Debt Service$28,443.06
Annual Debt Service$341,316.73