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702 North Crescent Drive, B...

Updated Oct 28, 2024

F2 Refinances SFR In Beverly Hills For $5.2M With Lender Jonathan Fhima
FINANCEDSingle Family Residence

F2 Refinances SFR In Beverly Hills For $5.2M With Lender Jonathan Fhima

702 North Crescent Drive, Beverly Hills, California 90210, United States

$5,200,000

$305/SF

Building Size

17,000 SF

Asset Type

Single Family Residence

Closing

Feb 8, 2022

About this deal

AI

A refinance loan has been closed on a single-family residential property located at 702 N. Crescent Dr. in the Beverly Hills market. The property spans approximately 17,000 square feet.

Summary of transaction details:

  • Property Type: Single-Family Residential (SFR)
  • Transaction Amount: $5,200,000
  • Address: 702 N. Crescent Dr.
  • Market: Beverly Hills

The loan was provided by f2''>F2, with Jonathan Fhima representing the lender. FMB Development, led by Aram Bagramyan, serves as the landlord. This marks F2's 8th deal since its launch in Q2 of 2021, with three more deals currently in due diligence and set to close this month.

To inquire further about the transaction, interested parties can contact Jonathan Fhima at (310) 279 0048 or via email at [email protected].

Players

F2
F2Lender

Aram Bagramyan

Landlord

$17.7M

vol

2 deals

Landlord

Beverly Hills Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Loan transactions

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Deal FAQ

About $305 per square foot on a published $5.2M for 17,000 square feet (2022).

Visit Aram Bagramyan to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.05%

Cash-on-Cash

-0.87%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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