Updated Dec 19, 2023
Frances Lavi Of Sotheby's International Realty Acquires Beverly Hills SFR For $13.5M
622 Walden Drive, Beverly Hills, CA, USA
$13,500,000
$1,513/SF
Building Size
8,918 SF
Asset Type
Single Family Residence
Closing
Jul 15, 2020
About this deal
AI
The recently closed property transaction in Beverly Hills involved the sale of a Single Family Residential (SFR) property located at 622 Walden Drive. The property, spanning 8,918 square feet, was sold at a price of $13,500,000. The transaction took place on July 15, 2021, with Frances Lavi from Sotheby’s International Realty Beverly Hills representing both the buyer and seller.
Summary of transaction details
- Property Type: SFR
- Sale Price: $13,500,000
- Address: 622 Walden Drive
- Market: Beverly Hills
Frances Lavi, a representative from Sotheby’s International Realty Beverly Hills, played a crucial role in facilitating the deal. The property was listed with an asking price of $13,900,000, and it was eventually sold for $13,500,000, achieving a price per square foot of $1,513. The transaction brings attention to the expertise and professionalism of Frances Lavi and the successful collaboration between the buyer and seller in this deal.
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
1.18%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93