Chance King & Jonathan Perez Of Westside Estate Agency Facilitate $6.4M Sale Of Single Family In Beverly Hills
SOLD
$6,400,000
California
See Similar DealsSingle Family4,303 SF
Sold 04/01/2024
SOLD
Chance King & Jonathan Perez Of Westside Estate Agency Facilitate $6.4M Sale Of Single Family In Beverly Hills
1950 Carla Ridge
See Similar DealsSingle Family4,303 SF
Sold 04/01/2024
Summary
CALIFORNIA
Asset Type:Single Family
Price Per Square Foot:$1,487
Total Square Footage:4,303 SF
Transaction Type:Sale
The single-family property located at 1950 Carla Ridge in Beverly Hills was sold for $6,400,000. Spanning 4,303 square feet, the property was sold at a price per square foot of $1,487.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $6,400,000
- Address: 1950 Carla Ridge
- Market: Beverly Hills
Chance King & Jonathan Perez from Westside Estate Agency represented The Survivor'S Trust Under The Max And Mina Lerman Family Trust in the property sale transaction at 1950 Carla Ridge.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$341,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$22,737.86
Cash-on-Cash Return-1.27%
Monthly Debt Service$30,339.27
Annual Debt Service$364,071.18
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