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1414 Dawnridge Drive, Bever...

Joe Sangha Acquires Beverly Hills SFR On Dawnridge Dr. For $3.7M
SOLDSingle Family Residence

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

Michael Fahimian

Broker

$332.4M

vol

24 deals

Broker

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