Updated Dec 19, 2023
Neema Ahadian & Iman Mossanen Acquire Multifamily Property In Koreatown For $2.26M
4401 Beverly Boulevard, Los Angeles, CA, USA
$2,260,000
$256/SF
Building Size
8,825 SF
Asset Type
MultiFamily
Closing
May 13, 2021
About this deal
AI
The multifamily property located at 4401 Beverly Blvd in Koreatown has been sold for a price of $2,260,000. The property spans across a total area of 8,825 square feet, resulting in a price per square foot of $256.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,260,000
- Address: 4401 Beverly Blvd
- Market: Koreatown
The sale was facilitated by Neema Ahadian from The Neema Group and Iman Mossanen. They acted as the brokers representing the parties involved in the transaction.
On the Map
$2,260,000
$256/SF
MultiFamily
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Los Angeles 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
7.02%
Cash-on-Cash
-2.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93