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238 North Rexford Drive

Aram Afshar Represents Seller In $5.08M Sale Of Beverly Hills SFR
SOLDSingle Family Residence

Aram Afshar Represents Seller In $5.08M Sale Of Beverly Hills SFR

238 North Rexford Drive

$5,079,000

$1,107/SF

Building Size

4,586 SF

Asset Type

Single Family Residence

Closing

Aug 17, 2021

AI

Located at 238 N. Rexford Dr. in Beverly Hills, this single-family residence is a notable property in the market. The sale of this property was facilitated by Aram Afshar. With a sale price of $5,079,000, this property offers a spacious 4,586 square feet of living space. The price per square foot comes out to be $1,107, making it an attractive investment opportunity in the area.

Summary of transaction details

  • Property Type: Single-Family Residence
  • Transaction Amount: $5,079,000
  • Asking Price: $5,249,000
  • Square Footage: 4,586
  • Price per Square Foot: $1,107
  • Seller's Representative: Aram Afshar
  • Market: Beverly Hills

This successful sale was a result of the efforts put in by Aram Afshar. The property's prime location in Beverly Hills and its generous square footage contributed to its desirability. Aram Afshar's expertise in handling the transaction played a significant role in closing this deal.

Players

Aram Afshar

Quintessentially Estates

Broker

$69.7M

vol

12 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

3.12%

Cash-on-Cash

-0.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93