Abdul Syed Acquires Development Site On Coldwater Canyon Dr, Beverly Hills

The development site located at 2332 Coldwater Canyon Dr in Beverly Hills, CA has been sold in a recent transaction. The property was purchased by Abdul Syed from the seller, Lida Badii. The deal was facilitated by brokers Bianca Fields from Douglas Elliman and Andrew Manning from Berkshire Hathaway HomeServices California.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $2,150,000
• Date: 12/02/2022
• Market: Beverly Hills, CA
• Address: 2332 Coldwater Canyon Dr

The development site was listed with an asking price of $2,150,000, and the sale was completed at the same price. The property has a building square footage of 17,359, resulting in a price per building square footage of $124. The total square footage of the site is 2,105, making the price per square foot $1,021.

Abdul Syed acquired the property as a development opportunity, aiming to capitalize on its potential. Lida Badii, the seller, decided to part ways with the property. The transaction was successfully negotiated by Bianca Fields from Douglas Elliman and Andrew Manning from Berkshire Hathaway HomeServices California, who represented the buyer and seller respectively.