Updated May 12, 2025
Steven Schaefer And Jay Luchs Of Newmark Represent Seller Andrew Joblon In Beverly Hills Sale For $9.82M
Beverly Hills
$9,820,000
$1,183/SF
Building Size
4,149 SF
Asset Type
—
Closing
Apr 21, 2025
About this deal
AI
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.
On the Map
$9,820,000
$1,183/SF
View full map
Players
Beverly Hills CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
Visit Steven Schaefer to view all their deals.
Browse California sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.62%
Cash-on-Cash
-0.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93