Updated Sep 9, 2024
Mauricio Umansky Of TheAgencyRE Acquires Beverly Hills SFR For $12.7M
704 North Arden Drive
$12,700,000
$1,297/SF
Building Size
9,790 SF
Asset Type
Single Family Residence
Closing
Oct 30, 2020
About this deal
AI
A luxury single-family home located at 704 N Arden Dr. in Beverly Hills has been sold in a recent transaction. The property spans approximately 9,790 square feet and was listed for a sale price of $12,700,000, resulting in a price per square foot of $1,297.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $12,700,000
- Address: 704 N Arden Dr.
- Market: Beverly Hills
- Square Footage: 9,790
- Price per Square Foot: $1,297
The seller's representative for this transaction was Jordan Pollack from Aaron Kirman and Louis Evans. Mauricio Umansky from TheAgencyRE represented the buyer. It is worth noting that Jordan Pollack specializes in luxury furnished homes for film, TV, event, insurance, and vacation clients.
Players
Beverly Hills Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.3K per square foot on a published $12.7M for 9,790 square feet (2020).
Visit Jordan Pollack to view all their deals.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.25%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93