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