Updated Dec 21, 2023
Mansour Esfandiari Acquires $4.5M SFR In Beverly Hills Alongside Justin Mandile & Dean Mandile
9167 Carmelita Avenue, Beverly Hills, CA 90210, USA
$4,500,000
$1,907/SF
Building Size
2,359 SF
Asset Type
Single Family Residence
Closing
Nov 12, 2020
About this deal
AI
Located in Beverly Hills, the recently closed residential property transaction involved a Single Family Residential (SFR) asset located at 9167 Carmelita Avenue. The transaction took place on November 13, 2020, and the property was sold for a price of $4,500,000. The property spans an area of 2,359 square feet, resulting in a price per square foot of $1,907. The sale was facilitated by brokers Justin Mandile and Dean Mandile, representing the buyer, Mansour Esfandiari, and the seller, Nancy Field.
Summary of transaction details
- Property Type: Single Family Residential (SFR)
- Transaction Amount: $4,500,000
- Address: 9167 Carmelita Avenue, Beverly Hills
- Square Footage: 2,359
- Price per Square Foot: $1,907
- Buyer: Mansour Esfandiari
- Seller: Nancy Field
- Brokers: Justin Mandile, Dean Mandile
The transaction involved Mansour Esfandiari as the buyer and Nancy Field as the seller. Assisting in the deal were real estate brokers Justin Mandile and Dean Mandile, who represented their respective clients. The acquisition of the property at 9167 Carmelita Avenue marks a significant event in the Beverly Hills real estate market.
Players
Beverly Hills Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.9K per square foot on a published $4.5M for 2,359 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93