facebook

traded

+ Submit
Home

/

Deals

/

California

/

Multifamily

/

Sale

/

416 North Oakhurst Drive, B...

Justin Kohanoff Acquires Multifamily Property In Beverly Hills For $17M
SOLDMultiFamily

Justin Kohanoff Acquires Multifamily Property In Beverly Hills For $17M

416 North Oakhurst Drive, Beverly Hills, CA, USA

$17,000,000

$517/SF

Building Size

32,844 SF

Asset Type

MultiFamily

Closing

May 16, 2021

AI

A multifamily property located at 416 N Oakhurst Dr in Beverly Hills has been sold for $17,000,000. The property spans 32,844 square feet, resulting in a price per square foot of $517. The transaction took place on 05/17/2021. The buyer's representative in the deal was Justin Kohanoff, while Stephen M. Saltzman represented the seller.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $17,000,000
  • Address: 416 N Oakhurst Dr
  • Market: Beverly Hills

Justin Kohanoff from Inser Agency Name represented the buyer in this transaction, while Stephen M. Saltzman from Inser Agency Name represented the seller. The property was listed with an asking price of $17,800,000. It was sold at a slightly lower price of $17,000,000. Please note that no additional information regarding the property or the deal was provided.

Players

Justin Kohanoff

Broker

$107.5M

vol

12 deals

Broker

Beverly Hills MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.93%

Cash-on-Cash

-0.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93