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GM Builders & Associates Acquires Single-Family Property On Maryland Drive In Beverly Grove For $1.6M

Property Image
SOLD
$1,600,000
Ravit Bachar
Leslie Romenesko
Koby Bachar

California

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Single Family Residence1,465 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

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

See Similar Deals
Single Family Residence1,465 SF
Sold
Ravit Bachar
Leslie Romenesko
Koby Bachar
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1092
Total Square Footage:1465 SF
Transaction Type:Sale

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

Leslie Romenesko
Douglas Elliman
Leslie Romenesko
1 deal$1.6M volume(323) 253-3177
BROKER
Koby Bachar
Keller Williams Realty
Koby Bachar
1 deal$1.6M volume
BROKER
Ravit Bachar
Ravit Bachar
1 deal$1.6M volume
BROKER

Details

SOLD
IMAGE: Koby & Ravit @kobyandravit DATE: 12/12/2018 ADDRESS: 6511 Maryland Drive MARKET: Beverly Grove ASSET TYPE: Singlefamily PRICE: $1,600,000 SF: 1,465 PPSF: $1,092 BUYER: GM Builders & Associates SELLER: Huebscher Frederick O T BROKERS: Koby & Ravit Bachar - Keller Williams Beverly Hills & Leslie Romenesko - Keller Williams West Hollywood

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,684.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,584.82
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