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Comcast CEO Brian Roberts Acquires Condo At 8899 Beverly Tower In West Hollywood For $9M
SOLD
$9,000,000
California
See Similar DealsCondo3,200 SF
Sold 10/21/2023
SOLD
Comcast CEO Brian Roberts Acquires Condo At 8899 Beverly Tower In West Hollywood For $9M
8899 Beverly Boulevard
See Similar DealsCondo3,200 SF
Sold 10/21/2023
Summary
CALIFORNIA
Asset Type:Condo
Price Per Square Foot:$2,812
Total Square Footage:3,200 SF
Transaction Type:Sale
Brian Roberts, the CEO of Comcast, has acquired a two-bedroom, four-bath condo at the Olson Kundig-designed 8899 Beverly residential tower in West Hollywood. The condo, located at 8899 Beverly Boulevard, spans approximately 3,200 square feet. Roberts purchased the property for a total price of $9,000,000, resulting in a price per square foot of $2,813.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $9,000,000
- Address: 8899 Beverly Boulevard
- Market: West Hollywood
Ginger Glass of Compass represented Brian Roberts as his broker in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$480,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$31,975.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$42,664.59
Annual Debt Service$511,975.10
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