The Agency Brokers Sell 12,597 SF SFR In Beverly Hills Flats For $7.55M
603 N Camden Dr, Beverly Hills, CA, USA
$7,555,000
$599/SF
Building Size
12,597 SF
Asset Type
Single Family Residence
Closing
Sep 2, 2021
AI
Located in the prestigious Beverly Hills Flats market, this single-family residential property at 603 N. Camden Dr. recently changed hands in a closed transaction. The deal was facilitated by brokers Joey Ben-Zvi, Brandon Piller, and Morgan Benmoshe from The Agency. The property boasts a total square footage of 12,597, making it a substantial asset in the area.
Summary of transaction details
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $7,555,000
- Address: 603 N. Camden Dr., Beverly Hills Flats
- Market: Beverly Hills Flats
This transaction stands out due to its impressive price per square foot ratio, with the property selling for approximately $599 per square foot. It represents one of the highest land value deals ever recorded in the Beverly Hills Flats area based on the price per foot basis for the land. The purchase price of $7,555,000 indicates strong demand for prime real estate in this coveted neighborhood.
With experienced brokers Joey Ben-Zvi, Brandon Piller, and Morgan Benmoshe representing the parties involved in this transaction, it's evident that expert professionals played a pivotal role in ensuring a successful deal. The unparalleled knowledge and expertise of the brokers at The Agency contributed to the smooth execution of this high-end residential sale.
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
2.10%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93