Ardie Tavangarian Acquires Bel Air SFR For $37.3M From Seller Brandon Beck - Co Founder Of Riot Games
Bel Air, Los Angeles, California, United States
$37,300,000
$3,513/SF
Building Size
10,616 SF
Asset Type
Single Family Residence
Closing
Jan 12, 2022
AI
A SFR in Bel Air, spanning 3.2 acres, has been sold for a price of $37,300,000. The transaction took place on January 12, 2022. The property was purchased by Ardie Tavangarian from the seller, Brandon Beck, who is the Co-founder of Riot Games.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $37,300,000
- Market: Bel Air
- Acres: 3.2
Ardie Tavangarian acquired the property from Brandon Beck, who represented himself in the deal. The buyer and seller finalized the transaction, resulting in the sale of the property located in Bel Air. The deal represents a significant transaction in the real estate market, reflecting the desirability and value of the SFR on a 3.2-acre land parcel in Bel Air.
Players
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.43%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93