Shahram Galilian Acquires SFR In Beverly Hills For $3.08M Through The Agency
SOLD
California
See Similar DealsSingle Family Residence4,346 SF
Sold 02/01/2023
SOLD
Shahram Galilian Acquires SFR In Beverly Hills For $3.08M Through The Agency
1648 Summitridge Drive
See Similar DealsSingle Family Residence4,346 SF
Sold 02/01/2023
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$708
Total Square Footage:4,346 SF
Transaction Type:Sale
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.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$164,266.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,942.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,600.77
Annual Debt Service$175,209.26
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