Patrick De La Torre Acquires Multifamily Asset At 333 South Rexford Drive For $3.25M
SOLD
$3,250,000
California
See Similar DealsMultiFamily6,370 SF
Sold 09/12/2025
SOLD
Patrick De La Torre Acquires Multifamily Asset At 333 South Rexford Drive For $3.25M
333 South Rexford Drive
See Similar DealsMultiFamily6,370 SF
Sold 09/12/2025
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$510
Total Square Footage:6,370 SF
Transaction Type:Sale
The multifamily property located at 333 South Rexford Drive in Beverly Hills has been sold for $3,250,000. The asset comprises 8 units with a total square footage of 6,370, which equates to a price per unit of $406,250 and a price per square foot of $510.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,250,000
- Units: 8
- Square Footage: 6,370
- Price Per Unit: $406,250
- Price Per Square Foot: $510
- Buyer: Patrick De La Torre
- Seller: Marnee C. Foldoe
- Brokers: Daniel Withers - Matthews; Jon Taksa - Taksa Investment Group
In this transaction, Patrick De La Torre represented the buyer, while Marnee C. Foldoe represented the seller, with Daniel Withers and Jon Taksa managing the brokerage for their respective agencies, ensuring a smooth transaction process in the Beverly Hills market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$173,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,546.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,406.66
Annual Debt Service$184,879.90
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