Ando Hacopian Acquires SFR In Beverly Hills For $10.5M
525 Arkell Dr, Beverly Hills, CA, USA
$10,500,000
$1,457/SF
Building Size
7,206 SF
Asset Type
Single Family Residence
Closing
Jan 31, 2021
AI
525 Arkell Dr. in Beverly Hills has been sold for $10,500,000. This single-family residential (SFR) property spans 7,206 square feet, resulting in a price per square foot of $1,457. The transaction took place on 02/01/2021.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $10,500,000
- Address: 525 Arkell Dr.
- Market: Beverly Hills
Ando Hacopian has purchased this property, while Keri Findley acted as the seller. Griffin Ruderman from @GRuderman and Jonathan Perez from @JonnyPerez represented the buyer, Ando Hacopian, in this transaction.
Players
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
1.51%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93