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Beverly Hills

Daniel Nadler Of Kensho Technologies Acquires Sleek Beverly Hills Mountain Retreat For $13.4M
SOLDSingle Family

Daniel Nadler Of Kensho Technologies Acquires Sleek Beverly Hills Mountain Retreat For $13.4M

Beverly Hills

$13,400,000

$1,675/SF

Building Size

8,000 SF

Asset Type

Single Family

Closing

May 17, 2023

AI

A sleek and technology-packed house in the mountains above Beverly Hills has been sold for just over $13 million. The contemporary property, located at 2200 Summitridge Drive, features walls of glass, a smart home system, a movie theater, gym, and two master suites. With a luxurious and minimalist design, the single-family home spans approximately 8,000 square feet, with a price per square foot of $1,675. The lot size is 10,174 square feet, with a price per square foot of land of $1,317.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $13,400,000
  • Address: 2200 Summitridge Drive
  • Market: Beverly Hills

Tech entrepreneur Daniel Nadler, co-founder of Kensho Technologies, has purchased this stunning property. Daniel Saks served as the seller in this transaction.

It is worth noting that the property offers a smart home system and various amenities, such as a movie theater and gym, adding to its appeal.

Players

Los Angeles 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

1.18%

Cash-on-Cash

-0.34%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93