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1856 Loma Vista Drive, Beve...

Pouldar Family Trust Acquires SFR In Beverly Hills For $6M
SOLDSingle Family Residence

Pouldar Family Trust Acquires SFR In Beverly Hills For $6M

1856 Loma Vista Drive, Beverly Hills, CA 90210

$6,000,000

$1,198/SF

Building Size

5,006 SF

Asset Type

Single Family Residence

Closing

Oct 1, 2021

AI

Located in Beverly Hills, the property at 1856 Loma Vista Dr. was recently sold in a closed transaction. This single-family residence (SFR) spans 5,006 square feet and is situated in a desirable market area. The sale took place on October 1, 2021, with a sale price of $6,000,000, resulting in a price per square foot of $1,198.

Summary of transaction details:

The deal was facilitated by Michael Rabbani from Rodeo Realty Inc., who represented the buyer, and Sally Forster Jones and Philip Boroda from Compass and Coldwell Banker, respectively, who represented the seller. These individuals played a key role in ensuring a successful transaction between the Pouldar Family Trust and the Shamooil Family Trust.

Players

Michael Rabbani

Broker

$41.1M

vol

7 deals

Broker
T
TrustBuyer

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

2.64%

Cash-on-Cash

-0.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93