A single-family residence (SFR) located in Beverly Hills has recently been sold in an off-market transaction. The property, spanning 4,094 square feet, was sold for a price of $4,226,000, resulting in a price per square foot of $1,032.

Summary of transaction details

• Property Type: Single-family residence (SFR)
• Transaction Amount: $4,226,000
• Square Footage: 4,094
• Market: Beverly Hills

The buyer of the property is Abraham Pour, while the seller is Michael Far. Representing the seller in the transaction were Fred Nabati, Michael Davoodpour, and Morris Peykar from Trimax Realty & Loan. They successfully facilitated the closing of this off-market sale, providing both the buyer and the seller with their expertise in real estate transactions.

An interesting aspect of this deal is that Trimax Realty, Inc. & Trimax Loan, Inc. were able to negotiate a seller carryback financing solution. This creative financing approach allowed the seller to achieve a higher return on their proceeds compared to a traditional bank loan. It showcases Trimax's expertise in off-market sales and their ability to find innovative solutions to meet their clients' real estate goals.

If you are looking to buy or sell a property, Trimax Realty & Loan can assist you. Get in touch with them at [email protected] or call 310-388-9695 to learn more about how they can help you navigate the real estate market.