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Quintessentially Estates Acquires Beverly Hills SFR For $11.85M

Property Image
SOLD
$11,850,000
Brandon Smith
F. Ron Smith
David Berg
+ 1

California

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Single Family Residence4,772 SF
Sold 03/05/2021
the dealplayerscompscontact
Property Image
SOLD

Quintessentially Estates Acquires Beverly Hills SFR For $11.85M

803 N Alpine Dr, Beverly Hills, CA, USA

See Similar Deals
Single Family Residence4,772 SF
Sold 03/05/2021
Brandon Smith
F. Ron Smith
David Berg
+ 1
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$2,483
Total Square Footage:4,772 SF
Transaction Type:Sale

A sale transaction took place in Beverly Hills involving a single-family residential property located at 803 N. Alpine Dr. The property, spanning 4,772 square feet, was sold for a total price of $11,850,000. The price per square foot for this transaction was calculated at $2,483.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $11,850,000
  • Market: Beverly Hills
  • Address: 803 N. Alpine Dr.

The deal was facilitated by several brokers including Aram Afshar from Quintessentially Estates LA, F. Ron Smith, David Berg from Smith and Berg, and Brandon Smith. These individuals played a significant role in representing the buyer and/or the seller in this transaction.

Players

Aram Afshar
Quintessentially Estates
Aram Afshar
12 deals$69.7M volume
BROKER
David Berg
Compass
David Berg
9 deals$119.5M volume(310) 500-3931
BROKER
F. Ron Smith
Compass
F. Ron Smith
10 deals$128.5M volume
BROKER
Brandon Smith
Compass
Brandon Smith
2 deals$29.1M volume
BROKER

Details

SOLD
IMAGE: Aram Afshar, F. Ron Smith, Brandon Smith & David Berg DATE: 03/05/2021 ADDRESS: 803 N. Alpine Dr. MARKET: Beverly Hills ASSET TYPE: SFR BROKERS: Aram Afshar @AramAfshar @quintessentiallyestatesla, F. Ron Smith, David Berg @SmithAndBerg & Brandon Smith SALE PRICE: $11,850,000 SF: 4,772 ~ PPSF: $2,483

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$631,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$42,100.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$56,175.05
Annual Debt Service$674,100.55