Updated Dec 21, 2023
Danish Faizan Purchases Beverly Hills Multifamily Property On W. Olympic Blvd. For $8.2M
9500 West Olympic Boulevard, Beverly Hills, California 90212, United States
$8,200,000
$727/SF
Building Size
11,270 SF
Asset Type
MultiFamily
Closing
Feb 27, 2022
About this deal
AI
A multifamily property located at 9500 W. Olympic Blvd. in Beverly Hills has been sold for $8,200,000. The property consists of 16 units with a total square footage of 11,270. The price per unit is approximately $512,500, and the price per square foot is approximately $727. The transaction took place on February 28, 2022.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $8,200,000
- Address: 9500 W. Olympic Blvd.
- Market: Beverly Hills
- Buyer: Danish Faizan
- Seller: Kaysan Ghasseminegad
- Brokers: Iman Eshaghyan & Mina Eshaghyan - The Eshaghyan Group
- Units: 16
- Price per Unit: $512,500
- Square Footage: 11,270
- Price per Square Foot: $727
Iman Eshaghyan and Mina Eshaghyan, representing The Eshaghyan Group, were the brokers involved in the transaction. They facilitated the deal between the buyer, Danish Faizan, and the seller, Kaysan Ghasseminegad.
On the Map
$8,200,000
$727/SF
MultiFamily
View full map
Players
Beverly Hills MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Mina Eshaghyan to view all their deals.
Browse California multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.93%
Cash-on-Cash
-0.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93