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Steven Schaefer And Jay Luchs Of Newmark Represent Seller Andrew Joblon In Beverly Hills Sale For $9.82M

Property Image
SOLD
$9,820,000

California

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8,298 SF
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Property Image
SOLD

Steven Schaefer And Jay Luchs Of Newmark Represent Seller Andrew Joblon In Beverly Hills Sale For $9.82M

Beverly Hills

See Similar Deals
8,298 SF
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Summary

CALIFORNIA
Price Per Square Foot:$1,183
Total Square Footage:8,298 SF
Transaction Type:Sale

The property asset involved in this transaction is a single-family residence located in Beverly Hills. The sale price was $9,820,000, and the property encompasses a total of 4,149 square feet, resulting in a price per square foot of approximately $2,470.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $9,820,000
  • Square Footage: 4,149
  • Price per Square Foot: $2,470
  • Buyer’s Representative: Steven Schaefer - Newmark
  • Seller’s Representative: Jay Luchs - Newmark
  • Seller: Andrew Joblon

This transaction involved key individuals from the real estate sector representing their respective parties. Steven Schaefer and Jay Luchs were instrumental as the buyer's and seller's representatives through Newmark, playing significant roles in the progression of this sale.

Players

Jay Luchs
43 deals$2B volume(310) 407-6585
BROKER

Steven Schaefer
Newmark
17 deals$258M volume(310) 528-5565
BROKER

Andrew Joblon
Newmark
11 deals$1.2B volume
SELLER

Details

SOLD
IMAGE: Steven Schaefer, Andrew Joblon & Jay Luchs DATE: 04/018/2025 MARKET: Beverly Hills ASSET TYPE: Single Family BUYER & SELLER'S REP: Steven Schaefer (@Steven_Schaefer) & Jay Luchs (@JayLuchs) - Newmark (@Newmark) SELLER: Andrew Joblon SALE PRICE: $9,820,000 SF: 4,149 ~ PPSF: $2,470

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$523,733.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$34,888.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$46,551.81
Annual Debt Service$558,621.72