Updated Sep 4, 2026
City Of Beverly Hills Acquires Development Site At 401 South Robertson Boulevard For $5,250,000
401 South Robertson Boulevard
$5,250,000
Building Size
—
Asset Type
Development Site
Closing
Aug 14, 2026
About this deal
AI
The property asset involved in this transaction is a development site located at 401 South Robertson Boulevard in Beverly Hills. The transaction closed on August 14, 2026, with a sale price of $5,250,000.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $5,250,000
- Buyer: City of Beverly Hills
- Seller's Representative: T.C. Macker & Woody Cook - WESTMAC Commercial Brokerage Company
- Market: Beverly Hills
In this transaction, the City of Beverly Hills acquired the development site, with T.C. Macker and Woody Cook representing the seller through WESTMAC Commercial Brokerage Company, facilitating the deal. The representatives played a key role in negotiating and managing the transaction process.
Players
Beverly Hills Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Deal FAQ
Browse Beverly Hills development site sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.02%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93