Joe Sangha Acquires Beverly Hills SFR On Dawnridge Dr. For $3.7M
1414 Dawnridge Drive, Beverly Hills, California 90210, United States
$3,700,000
$807/SF
Building Size
4,582 SF
Asset Type
Single Family Residence
Closing
May 12, 2022
AI
Located in Beverly Hills, the single-family residence at 1414 Dawnridge Dr. has recently changed hands in a sale transaction. The property spans a total area of 4,582 square feet, offering ample space for its new owner, Joe Sangha. The transaction took place on 05/13/2022, and the property was sold by Mark Abrams. The deal was facilitated by the brokers Jack Harris and Michael Fahimian of HF Estates. The property was sold for a total of $3,700,000, resulting in a price per square foot of $807.
Summary of transaction details:
- Property Type: Single-Family Residence
- Transaction Amount: $3,700,000
- Date: 05/13/2022
- Address: 1414 Dawnridge Dr.
- Market: Beverly Hills
- Buyer: Joe Sangha
- Seller: Mark Abrams
- Brokers: Jack Harris and Michael Fahimian - HF Estates
- Square Footage: 4,582
- Price Per Square Foot: $807
Michael Fahimian and Jack Harris, representing HF Estates, played a crucial role in facilitating the sale transaction of this Beverly Hills property. With their expertise, they ensured a smooth deal between the buyer, Joe Sangha, and the seller, Mark Abrams. This successful collaboration between the parties involved resulted in the completion of the sale for $3,700,000.
Players
Beverly Hills 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
4.29%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93