facebook

traded

+ Submit
Home

/

Deals

/

California

/

Multifamily

/

Sale

/

9500 West Olympic Boulevard

Aram Afshar @QuintessentiallyEstatesLA Acquires Multifamily Property In Beverly Hills For $8.5M
SOLDMultiFamily

Aram Afshar @QuintessentiallyEstatesLA Acquires Multifamily Property In Beverly Hills For $8.5M

9500 West Olympic Boulevard

$8,500,000

$754/SF

Building Size

11,270 SF

Asset Type

MultiFamily

Closing

Oct 2, 2020

AI

Located in Beverly Hills, the multifamily property at 9500 W. Olympic Blvd. has recently been sold for an impressive price of $8,500,000. Spanning across 11,270 square feet, this property boasts a price per square foot of $754. The transaction took place on October 2, 2020.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $8,500,000

Aram Afshar from QuintessentiallyEstatesLA represented the buyer, while Iman Eshaghyan and Mina Eshaghyan served as the seller's representatives. This sale showcases the active real estate market in Beverly Hills.

Players

Aram Afshar

Quintessentially Estates

Broker

$69.7M

vol

12 deals

Broker
Mina Eshaghyan
Verified Badge

Mina Eshaghyan

Coldwell Banker

Broker

$52.5M

vol

8 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

1.87%

Cash-on-Cash

-0.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93