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1520 Carla Ridge, Trousdale...

1520 Carla Ridge LLC Acquires SFR In Trousdale, Beverly Hills For $16.2M
SOLDSingle Family Residence

1520 Carla Ridge LLC Acquires SFR In Trousdale, Beverly Hills For $16.2M

1520 Carla Ridge, Trousdale Estates, Beverly Hills, CA, USA

$16,200,000

$2,314/SF

Building Size

7,000 SF

Asset Type

Single Family Residence

Closing

May 5, 2021

AI

The property at 1520 Carla Ridge, located in the Trousdale neighborhood of Beverly Hills, has been sold in a recent transaction. The sale, which took place on 05/06/2021, involved a Single Family Residential (SFR) asset.

Summary of transaction details

  • Property Type: SFR
  • Sale Price: $16,200,000
  • Square Footage: 7,000
  • Price per Square Foot: $2,314
  • Address: 1520 Carla Ridge, Trousdale, Beverly Hills

The buyer in this transaction was 1520 Carla Ridge LLC, while the seller was WB 1520 Carla Ridge LLC. Facilitating the deal was Dustin Nicholas from Nicholas Property Group & Stay Classy Trousdale, who represented the involved parties as their broker.

Players

Dustin Nicholas

Nicholas Property Group

Broker

$106.1M

vol

7 deals

Broker
WL
WB 1520 Carla Ridge LLCSeller

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

0.98%

Cash-on-Cash

-0.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93