Updated Mar 11, 2025
Axos Bank Provides $16.7M Acquisition Loan For Beverly Hills SFR At 53 Beverly Park
53 Beverly Park Way, Beverly Hills, CA 90210, USA
$16,675,000
$980/SF
Building Size
17,000 SF
Asset Type
Single Family Residence
Closing
Aug 31, 2021
About this deal
AI
A loan transaction was closed for a property located at 53 Beverly Park in Beverly Hills. The property is a single-family residence with a size of 17,000 square feet.
Summary of transation details:
- Property Type: Single-Family Residence
- Transaction Amount: $29,000,000
- Lender: Axos Bank
- Loan Officer: Richard Khalifa
- Broker: Hypotec Inc.
- Loan Amount: $16,675,000
- Loan Type: Acquisition Loan
- Loan Terms: 5yr Interest-Only
The loan was provided by Axos Bank with Richard Khalifa serving as the loan officer. The broker representing the deal was Hypotec Inc.
Players
Beverly Hills Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.95%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93