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8899 Beverly Boulevard

Comcast CEO Brian Roberts Acquires Condo At 8899 Beverly Tower In West Hollywood For $9M
SOLDCondo

Comcast CEO Brian Roberts Acquires Condo At 8899 Beverly Tower In West Hollywood For $9M

8899 Beverly Boulevard

$9,000,000

$2,812/SF

Building Size

3,200 SF

Asset Type

Condo

Closing

Oct 21, 2023

AI

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.

Players

Ginger Glass

Compass

Broker

$391.1M

vol

17 deals

Broker

Brian Roberts

Comcast

Buyer

$34.6M

vol

3 deals

Buyer

La Mesa Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.76%

Cash-on-Cash

-0.50%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93