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1719 Ambassador Ave, Beverl...

F. Ron Smith & David Berg Represent Buyer In $7.5M Sale Of Beverly Hills SFR
SOLDSingle Family Residence

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

David Berg

Compass

Broker

$119.5M

vol

9 deals

Broker

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