Updated Dec 18, 2023
Farid Matti Acquires Beverly Hills SFR For $12.5M
918 Whittier Drive, Beverly Hills, California 90210, United States
$12,500,000
$2,123/SF
Building Size
5,888 SF
Asset Type
—
Closing
Mar 31, 2022
About this deal
AI
The property involved in this closed transaction is a Single Family Residence (SFR) located at 918 Whittier Dr. in Beverly Hills. The property has a total area of 5,888 square feet, with a price per square foot of $2,122. The transaction took place on 04/01/2022.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $12,500,000
- Address: 918 Whittier Dr., Beverly Hills
- Market: Beverly Hills
The buyer in this transaction is Farid Matti. Representing the buyer is Anita Stephan from the Sally Forster Jones Group. Sally Forster Jones, also from the Sally Forster Jones Group, is the seller's representative.
Please note that no additional information is available regarding financing or any other parties involved in the deal.
Players
Beverly Hills CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $2.1K per square foot on a published $12.5M for 5,888 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.27%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93