Updated Feb 5, 2025
Estate Of Paul Allen Sells 120 Acres SFR In Beverly Crest For $65M
Beverly Crest, Los Angeles, California, United States
$65,000,000
Building Size
—
Asset Type
—
Closing
Jan 3, 2022
About this deal
AI
The Estate of Paul Allen, co-founder of Microsoft Corp., has sold a single-family residence located in Beverly Crest. The property spans approximately 120 acres and was sold for a price of $65,000,000. The sale was handled by brokers Jeff Hyland, Rick Hilton, and Zach Goldsmith from the real estate agency Hilton & Hyland.
Summary of transaction details
- Property Type: Single-Family Residence
- Transaction Amount: $65,000,000
- Market: Beverly Crest
- Acres: 120
The sale of the property, owned by the Estate of Paul Allen, was facilitated by brokers Jeff Hyland, Rick Hilton, and Zach Goldsmith from Hilton & Hyland. The Estate of Paul Allen is known for being the co-founder of Microsoft Corp.
On the Map
$65,000,000
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.24%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93