A development site located at 5 Phillips Ranch Rd. in Rolling Hills Estates has been sold for a price of $5,000,000. The buyer of the property is Sherine Asal, while the seller is KB Homes - Eli Broad. The deal was facilitated by Mohamed Hassam from Viceroy Realty, who acted as the broker in the transaction. The property spans 23,000 square feet and has a price per square foot of $217.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $5,000,000
• Address: 5 Phillips Ranch Rd., Rolling Hills Estates
• Buyer: Sherine Asal
• Seller: KB Homes - Eli Broad
• Broker: Mohamed Hassam - Viceroy Realty
• Market: Rolling Hills Estates
• Building Square Footage: 23,000
• Price per Square Foot: $217

Mohamed Hassam, representing Viceroy Realty, played a key role in the successful completion of the deal. For more information about Mohamed Hassam and Viceroy Realty, you can visit their Facebook page at https://www.facebook.com/mohamedhassanBroker/.