Michael Khorshidi & Casey Markovic Close $5.875M Sale In Beverly Hills Home Deal
269 South La Peer Drive
$5,875,000
$981/SF
Building Size
5,983 SF
Asset Type
Single Family
Closing
Mar 20, 2024
AI
The property located at 269 South La Peer Drive in Beverly Hills is a single-family home with a total square footage of 5,983. The sale price for this unique custom new build was $5,875,000, equating to a price per square foot of $982.
Summary of transation details:
- Property Type: Single Family
- Transaction Amount: $5,875,000
- Buyer: Michael Khorshidi - Compass
- Seller: Ralph Berger
- Buyer's Representative: Michael Khorshidi - Compass
- Seller's Representative: Casey Markovic - Compass
- Address: 269 South La Peer Drive
- Market: Beverly Hills
Michael Khorshidi, the buyer's representative from Compass, facilitated the acquisition of this exceptional property. Casey Markovic, representing the seller, played a crucial role in ensuring a successful transaction. The collaborative effort of these real estate professionals contributed to the seamless completion of the sale.
Players
Beverly Hills Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.70%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93