GM Builders & Associates Acquires Single-Family Property On Maryland Drive In Beverly Grove For $1.6M
6511 Maryland Drive, Central LA, Los Angeles, CA, USA
$1,600,000
$1,092/SF
Building Size
1,465 SF
Asset Type
Single Family Residence
Closing
Dec 11, 2018
AI
A single-family property located at 6511 Maryland Drive in the Beverly Grove market has been sold for $1,600,000. The property measures 1,465 square feet and has a price per square foot of $1,092. The transaction took place on 12/12/2018.
Summary of transaction details
- Property Type: Singlefamily
- Transaction Amount: $1,600,000
- Address: 6511 Maryland Drive
- Market: Beverly Grove
- Square Footage: 1,465
- Price per Square Foot: $1,092
The buyer of the property is GM Builders & Associates, while the seller is Huebscher Frederick O T. The transaction was facilitated by Koby & Ravit Bachar from Keller Williams Beverly Hills, along with Leslie Romenesko from Keller Williams West Hollywood.
Players
Los Angeles 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
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93