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1659 Waynecrest Drive, Beve...

Updated Oct 28, 2024

Josh Altman & Matt Altman Acquire SFR In Beverly Hills Post Office For $4.7M
SOLDSingle Family Residence

Josh Altman & Matt Altman Acquire SFR In Beverly Hills Post Office For $4.7M

1659 Waynecrest Drive, Beverly Hills, CA, USA

$4,700,000

$2,237/SF

Building Size

2,101 SF

Asset Type

Single Family Residence

Closing

May 19, 2021

About this deal

AI

The property involved in this transaction is a single-family residence located at 1659 Waynecrest Dr in Beverly Hills Post Office. The property spans 2,101 square feet and was sold for a price of $4,700,000, resulting in a price per square foot of $2,237.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $4,700,000
  • Square Footage: 2,101
  • Address: 1659 Waynecrest Dr
  • Market: Beverly Hills Post Office

The buyers in this transaction are Josh Altman and Matt Altman. On the other hand, Alex Rosner of Toms Capital acted as the seller.

On the Map

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$4,700,000

$2,237/SF

Single Family Residence

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Players

Josh Altman

Buyer

$18.9M

vol

2 deals

Buyer
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Beverly Hills Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $2.2K per square foot on a published $4.7M for 2,101 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.38%

Cash-on-Cash

-0.96%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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