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321 S Clark Dr, Beverly Hil...

Azy Farahmand Acquires SFR In Beverly Hills For $2.55M
SOLDSingle Family Residence

Azy Farahmand Acquires SFR In Beverly Hills For $2.55M

321 S Clark Dr, Beverly Hills, CA, USA

$2,550,000

$1,214/SF

Building Size

2,100 SF

Asset Type

Single Family Residence

Closing

Feb 17, 2021

AI

A single-family residence located at 321 S Clark Dr. in Beverly Hills has been sold. The property, with a size of 2,100 square feet, was listed with an asking price of $2,495,000. It was eventually sold for $2,550,000, resulting in a price per square foot of $1,214.

Summary of transaction details:

  • Property Type: Single-Family Residence
  • Transaction Amount: $2,550,000
  • Address: 321 S Clark Dr., Beverly Hills
  • Market: Beverly Hills
  • Asking Price: $2,495,000
  • Square Footage: 2,100
  • Price Per Square Foot: $1,214

Azy Farahmand, representing LaproPertiesByAzy, served as the broker for this transaction.

This property sale resulted in a successful transaction, with a sale price that surpassed the initial asking price. The deal was won in multiples, indicating strong competition among potential buyers.

Players

Azy Farahmand

The Agency

Broker

$33.9M

vol

11 deals

Broker

Beverly Hills Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.22%

Cash-on-Cash

-1.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93