Frank Zarabi Acquires SFR In Beverly Hills From Lyndon Lea For $35.2M
$35,200,000
Building Size
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Asset Type
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Closing
Feb 15, 2021
AI
Kurt Rappaport, Frank Zarabi, Lyndon Lea, and Myra Nourmand were involved in a recent real estate transaction in Beverly Hills. The property in question is a Single Family Residence (SFR) with a total square footage of 14,422. The sale took place on February 16, 2021, and the transaction price was $35,200,000, resulting in a price per square foot of $2,440.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $35,200,000
- Market: Beverly Hills
- Buyer: Frank Zarabi
- Seller: Lyndon Lea
- Brokers: Myra Nourmand - Nourmand & Associates; Kurt Rappaport & Kevin D. Booker - Westside Estate Agency
Myra Nourmand, Kurt Rappaport, and Kevin D. Booker played crucial roles as brokers in facilitating this transaction. The involvement of these individuals from Nourmand & Associates and Westside Estate Agency showcases their expertise in the Beverly Hills real estate market.
Players
Market CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.45%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93