Updated Dec 21, 2023
Manuel Berger Acquires Multifamily Property On W Olympic Blvd In Beverly Hills For $4.56M
9342 West Olympic Boulevard, Beverly Hills, California 90212, United States
$4,560,000
$461/SF
Building Size
9,872 SF
Asset Type
MultiFamily
Closing
Mar 14, 2022
About this deal
AI
The multifamily property located at 9342 W Olympic Blvd & 9336 W Olympic Blvd in Beverly Hills, CA has been sold. The transaction took place on March 15, 2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,560,000.00
- Square Footage: 9,872
- Price per Square Foot: $461
- Address: 9342 W Olympic Blvd & 9336 W Olympic Blvd, Beverly Hills, CA
The buyer, Manuel Berger, acquired the property from the seller, John J Barcal and Jesse Grossman.
The multifamily sale at 9342 West Olympic Boulevard, Beverly Hills, California 90212, United States in Beverly Hills, California sold for $4.6M in 2022. The building is 9,872 square feet, implying about 461 per square foot on the published price. This page is the Beverly Hills, California file for the 9342 West Olympic Boulevard, Beverly Hills, California 90212, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Beverly Hills sit in the Market section below. Filter that Beverly Hills multifamily set by closing date to see what else sold near 9342 West Olympic Boulevard, Beverly Hills, California 90212, United States around 2022. Published consideration for 9342 West Olympic Boulevard, Beverly Hills, California 90212, United States is $4.6M, dated 2022. Cite this Manuel Berger Acquires Multifamily Property On W Olympic Blvd In Beverly Hills For $4.56M sale when underwriting similar multifamily product around Beverly Hills, California.
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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
3.48%
Cash-on-Cash
-0.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93