Jerry Leviev Acquires SFR In Beverly Hills From Seller Frank Davidovich
613 North Roxbury Drive
$7,880,000
$2,962/SF
Building Size
2,660 SF
Asset Type
Single Family Residence
Closing
Aug 26, 2022
AI
The property involved in this transaction is a single-family residence located at 613 N Roxbury Dr in Beverly Hills. The property has a total square footage of 2,660. It was sold for a price of $7,880,000, resulting in a price per square foot of $2,962.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $7,880,000
- Square Footage: 2,660
- Address: 613 N Roxbury Dr, Beverly Hills
- Market: Beverly Hills
The buyer in this transaction is Jerry Leviev, while the seller is Frank Davidovich. The brokers involved in the deal are Joey Ben-Zvi and Brandon Piller from BZP Group, representing the seller. BZP Group, together with The Agency, facilitated the transaction.
BZP Group, known for their expertise in the Beverly Hills Flats market, has achieved an unprecedented price of approximately $600 per square foot for land in the past year. Despite the recent market shift, they were able to surpass that number and secure approximately $630 per square foot for land in this transaction.
Note: BZP Group's success in achieving above-average prices per square foot highlights their exceptional negotiation skills and market knowledge.
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
2.01%
Cash-on-Cash
-0.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93