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144 North Clark Drive

Steve Edelman Of Sherlock Cornerstone Acquires Multifamily Asset In Beverly Hills For $3.75M
SOLDMultiFamily

Steve Edelman Of Sherlock Cornerstone Acquires Multifamily Asset In Beverly Hills For $3.75M

144 North Clark Drive

$3,752,000

$642/SF

Building Size

5,840 SF

Asset Type

MultiFamily

Closing

Jun 1, 2026

AI

The asset involved in this transaction is a multifamily property located at 144 North Clark Drive in Beverly Hills. The sale price for the property was $3,752,000, featuring 8 units and encompassing a total of 5,840 square feet, resulting in a price per unit of $469,000 and a price per square foot of $642.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,752,000
  • Units: 8
  • Square Footage: 5,840
  • Price Per Unit: $469,000
  • Price Per Square Foot: $642
  • Buyer: Steve Edelman - Sherlock Cornerstone
  • Brokers: Daniel Hirth & Alex Reyhan - The Hirth Group
  • Date of Sale: 06/01/2026

Steve Edelman represented the buyer, Sherlock Cornerstone, while Daniel Hirth and Alex Reyhan from The Hirth Group acted as brokers in the transaction, facilitating the sale between the involved parties.

Players

Alex Reyhan

The Hirth Group

Broker

$180.8M

vol

46 deals

Broker

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

4.23%

Cash-on-Cash

-1.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93