Troiano Trust Sells Condo In Beverly Hills For $11M With Federico Rolon As The Broker
225 North Canon Drive, Beverly Hills, CA, USA
$11,000,000
$2,488/SF
Building Size
4,420 SF
Asset Type
—
Closing
Mar 2, 2021
AI
A condo located at 225 N. Canon Drive in Beverly Hills has been sold for $11,000,000. The property spans approximately 2,900 square feet and has a price per square foot of $3,793. The sale took place on March 3, 2021.
Summary of transaction details:
- Property Type: Condo
- Sale Price: $11,000,000
- Square Footage: 2,900
- Price Per Square Foot: $3,793
- Address: 225 N. Canon Drive, Beverly Hills
- Market: Beverly Hills
The seller of the condo was the Troiano Trust. The sale was facilitated by @FedericoRolon from Compass. Federico Rolon acted as the broker representing the seller in the transaction.
Players
Beverly Hills CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.44%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93