Kevin Matusow Acquires Beverly Hills Package Deal For $3.005M From Seller Harry & Gloria Farkas - Jennifer Okhovat Compass
1937 North Beverly Drive
$3,005,000
$526/SF
Building Size
5,712 SF
Asset Type
Package Deal
Closing
Mar 28, 2023
AI
The property involved in this closed transaction is a package deal located at 1937 North Beverly Drive in the market of Beverly Hills. The sale price for this property was $3,005,000, with a total square footage of 5,712.
Summary of transaction details
- Property Type: Package Deal
- Transaction Amount: $3,005,000
- Market: Beverly Hills
- Address: 1937 North Beverly Drive
Kevin Matusow was the buyer in this transaction, while Harry & Gloria Farkas acted as the sellers. The broker representing the deal was Jennifer Okhovat from Compass.
Players
Market Package Deal Market Snapshot
Boundary boundary · Package Deal · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.28%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93