Ando Hacopian Acquires SFR In Beverly Hills For $10.5M
SOLD
$10,500,000
California
See Similar DealsSingle Family Residence7,206 SF
Sold
SOLD
Ando Hacopian Acquires SFR In Beverly Hills For $10.5M
525 Arkell Dr, Beverly Hills, CA, USA
See Similar DealsSingle Family Residence7,206 SF
Sold
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1457
Total Square Footage:7206 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$559,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$37,304.29
Cash-on-Cash Return-1.27%
Monthly Debt Service$49,775.36
Annual Debt Service$597,304.28
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