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

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SOLD
$6,000,000

California

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Single Family Residence5,006 SF
Sold 10/01/2021
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Property Image
SOLD

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

1856 Loma Vista Drive, Beverly Hills, CA 90210

See Similar Deals
Single Family Residence5,006 SF
Sold 10/01/2021
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Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,198
Total Square Footage:5,006 SF
Transaction Type:Sale

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

7 deals$41.1M volume
BROKER


Philip Boroda
Coldwell Banker
3 deals$29.4M volume
BROKER

BUYER

Details

SOLD
IMAGE: Michael Rabbani & Sally Forster Jones DATE: 10/01/2021 ADDRESS: 1856 Loma Vista Dr. MARKET: Beverly Hills ASSET TYPE: SFR BUYER: Pouldar Family Trust SELLER: Shamooil Family Trust BUYER’S REP: Michael Rabbani (@Michael.Rabbani) - Rodeo Realty Inc. SELLER’S REP: Sally Forster Jones (@Sally.Forster.Jones) & Philip Boroda - Compass & Coldwell Banker SALE PRICE: $6,000,000 SF: 5,006 ~ PPSF: $1,198

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$319,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$21,316.74
Cash-on-Cash Return-1.27%
Monthly Debt Service$28,443.06
Annual Debt Service$341,316.73