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
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.
Players
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