Erica Arius Acquires Beverly Hills SFR For $4.1M From Fortunate Realty Group Corp
SOLD
$4,100,000
California
See Similar DealsSingle Family Residence5,092 SF
Sold 05/20/2022
SOLD
Erica Arius Acquires Beverly Hills SFR For $4.1M From Fortunate Realty Group Corp
1432 Lindacrest Drive, Beverly Hills, California 90210, United States
See Similar DealsSingle Family Residence5,092 SF
Sold 05/20/2022
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$805
Total Square Footage:5,092 SF
Transaction Type:Sale
The property involved in this transaction is a single-family residence located at 1432 Lindacrest Drive in Beverly Hills. The property spans 5,092 square feet and was sold for a price of $4,100,000, resulting in a price per square foot of $805.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $4,100,000
- Address: 1432 Lindacrest Drive
- Market: Beverly Hills
- Buyer: Erica Arius
- Seller: Fortunate Realty Group Corp. - David Sun
- Brokers: Cassandra Petersen - Coldwell Banker & Sanda Alcalay - Rodeo Realty
The buyers in this transaction are represented by Cassandra Petersen from Coldwell Banker, while the sellers are represented by Sanda Alcalay from Rodeo Realty.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$218,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,566.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,436.09
Annual Debt Service$233,233.10
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