F. Ron Smith & David Berg Represent Buyer In $7.5M Sale Of Beverly Hills SFR
1719 Ambassador Ave, Beverly Hills, CA, USA
$7,500,000
$1,423/SF
Building Size
5,268 SF
Asset Type
Single Family Residence
Closing
Mar 16, 2021
AI
A single-family residence located at 1719 Ambassador Ave. in Beverly Hills has been sold at a transaction price of $7,500,000. The property spans across 5,268 square feet with a price per square foot of $1,423. The sale was finalized on March 17, 2021. The property was initially listed at an asking price of $7,995,000.
Summary of Transaction Details:
- Property Type: Single-Family Residence
- Transaction Amount: $7,500,000
- Address: 1719 Ambassador Ave., Beverly Hills
- Market: Beverly Hills
- Square Footage: 5,268
- Price per Square Foot: $1,423
F. Ron Smith and David Berg represented the buyer in this real estate deal, while Casey Markovic acted as the seller's representative.
Players
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
2.12%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93