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1648 Summitridge Drive

Shahram Galilian Acquires SFR In Beverly Hills For $3.08M Through The Agency
SOLDSingle Family Residence

Shahram Galilian Acquires SFR In Beverly Hills For $3.08M Through The Agency

1648 Summitridge Drive

$3,080,000

$708/SF

Building Size

4,346 SF

Asset Type

Single Family Residence

Closing

Feb 1, 2023

AI

The property involved in this transaction is a single-family residence (SFR) located at 1648 Summitridge Drive in Beverly Hills. The property spans 4,346 square feet and was sold for a price of $3,080,000, resulting in a price per square foot of $709.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $3,080,000
  • Square Feet: 4,346
  • Address: 1648 Summitridge Drive
  • Market: Beverly Hills

The buyer of the property is Shahram Galilian, while the seller is Anthony Andlin. The deal was facilitated by Joey Ben-Zvi and Brandon Piller from The Agency acting as brokers representing the buyer and seller, respectively.

Players

Joey Ben-Zvi

The Agency

Broker

$68.5M

vol

14 deals

Broker

Market 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

5.15%

Cash-on-Cash

-1.47%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93