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1375 Summitridge Place

Compass Represents Buyer In $12.3M Beverly Hills SFR Sale
SOLDSingle Family Residence

Compass Represents Buyer In $12.3M Beverly Hills SFR Sale

1375 Summitridge Place

$12,300,000

$1,811/SF

Building Size

6,790 SF

Asset Type

Single Family Residence

Closing

Nov 14, 2022

AI

The property involved in this transaction is a single-family residence located at 1375 Summitridge Place in Beverly Hills. The property was sold on 11/14/2022.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $12,300,000
  • Market: Beverly Hills
  • Buyer's Representative: Weston Littlefield & Alex Howe - Compass
  • Asking Price: $12,300,000
  • Sale Price: $12,300,000
  • Size: 6,790 square feet
  • Price per square foot: $1,811

The deal was facilitated by Weston Littlefield and Alex Howe of Compass. They represented the buyer in this transaction.

Players

Weston Littlefield

Compass

Broker

$195.7M

vol

13 deals

Broker

Los Angeles Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.29%

Cash-on-Cash

-0.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93