Updated Sep 9, 2024
Mauricio Umansky's Client Acquires Beverly Hills SFR For $12.7M
704 N Arden Dr, Beverly Hills, CA 90210, USA
$12,700,000
$1,297/SF
Building Size
9,790 SF
Asset Type
Single Family Residence
Closing
Oct 29, 2020
About this deal
AI
A luxurious single-family residence located at 704 N Arden Dr. in the prestigious Beverly Hills market has been sold in a closed transaction. The property offers a generous amount of indoor and outdoor living space with an impressive total square footage of 9,790. The sale price for this exquisite property was $12,700,000, which translates to a price per square foot of approximately $1,297.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $12,700,000
- Square Footage: 9,790
- Price per Square Foot: $1,297
- Address: 704 N Arden Dr.
- Market: Beverly Hills
Aaron Kirman, Louis Evans, and Jordan Pollack represented the seller in this successful transaction. On the buyer's side, Mauricio Umansky from The AgencyRE handled the negotiations and facilitated the purchase.
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).
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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