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

Property Image
SOLD
$5,079,000

California

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Single Family Residence4,586 SF
Sold 08/17/2021
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Property Image
SOLD

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

238 North Rexford Drive

See Similar Deals
Single Family Residence4,586 SF
Sold 08/17/2021
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Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,107
Total Square Footage:4,586 SF
Transaction Type:Sale

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
12 deals$69.7M volume
BROKER

Details

SOLD
IMAGE: Aram Afshar DATE: 08/17/2021 ADDRESS: 238 N. Rexford Dr. MARKET: Beverly Hills ASSET TYPE: SFR SELLER’S REP: Aram Afshar (@AramAfshar) - (@QuintessentiallyEstatesLA) ASKING PRICE: $5,249,000 SALE PRICE: $5,079,000 SF: 4,586 ~ PPSF: $1,107

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

$270,880.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$18,044.61
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,077.05
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