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16117 West Sunset Boulevard

Deepak Mehta, Natliya Mehta & Vivyannah Mehta Acquire Multifamily Asset In Pacific Palisades For $4.75M
SOLDMultiFamily

Deepak Mehta, Natliya Mehta & Vivyannah Mehta Acquire Multifamily Asset In Pacific Palisades For $4.75M

16117 West Sunset Boulevard

$4,750,000

$363/SF

Building Size

13,068 SF

Asset Type

MultiFamily

Closing

Jul 10, 2025

AI

The transaction involved a multifamily asset located at 16117 West Sunset Boulevard in the Pacific Palisades market. The property was sold for $4,750,000, encompassing 13,068 square feet with a price per square foot of $363.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $4,750,000
  • Address: 16117 West Sunset Boulevard
  • Market: Pacific Palisades
  • Buyer: Deepak Mehta, Natliya Mehta & Vivyannah Mehta
  • Seller: Rhoda Makoff
  • Buyer's Representative: Jon Taksa - Taksa Investment Group
  • Square Footage: 13,068
  • Price Per Square Foot: $363

The deal was facilitated with detailed participation from the buyer's representative, Jon Taksa from Taksa Investment Group, who played a pivotal role in the transaction. The individuals involved in the purchase were Deepak Mehta, Natliya Mehta, and Vivyannah Mehta, while the seller of the property was Rhoda Makoff.

Players

Jonathan Taksa

Taksa Investment Group

Broker

$597.2M

vol

62 deals

Broker
Taksa Investment Group
Taksa Investment GroupBrokerage
Deepak Mehta

Deepak Mehta

Buyer

$380.5M

vol

29 deals

Buyer

Pacific Palisades 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

3.34%

Cash-on-Cash

-0.95%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93