Alexa Kort Acquires SFR In Beverly Hills For $3.65M
1833 Franklin Canyon Drive, Beverly Hills, CA 90210
$3,650,000
$1,451/SF
Building Size
2,514 SF
Asset Type
Single Family Residence
Closing
Jun 18, 2020
AI
Located in Beverly Hills, the property at 1833 Franklin Canyon Dr. recently changed hands in a sale transaction. The single-family residence, spanning 2,514 square feet, was sold for a price of $3,650,000. With an asking price of $3,595,000, the sale price surpassed the initial listing. The property is situated in the desirable market of Beverly Hills, known for its luxury real estate.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $3,650,000
- Address: 1833 Franklin Canyon Dr.
- Market: Beverly Hills
- Square Footage: 2,514
Alexa Kort represented the buyer in this transaction, while James Harris and David Parnes acted as the seller's representatives. The property attracted strong interest in the market, leading to a successful sale. The price per square foot for the property was $1,451, reflecting its value in the sought-after Beverly Hills market.
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
4.35%
Cash-on-Cash
-1.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93