Updated Sep 9, 2024
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
About this deal
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.
On the Map
$3,650,000
$1,451/SF
Single Family Residence
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Players
Beverly Hills Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.5K per square foot on a published $3.7M for 2,514 square feet (2020).
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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