Updated Dec 21, 2023
Sally Forster Jones Acquires Beverly Hills SFR For $23M
1201 Laurel Way, Beverly Hills, CA, USA
$23,000,000
$2,053/SF
Building Size
11,200 SF
Asset Type
Industrial
Closing
May 17, 2021
About this deal
AI
A single-family residence located at 1201 Laurel Way in Beverly Hills has been sold for $23,000,000. This property, spanning approximately 11,200 square feet, was transacted on 05/18/2021. The price per square foot for this sale equated to $2,053. The deal was facilitated by Sally Forster Jones from fjGroup, serving as the broker representing the seller.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $23,000,000
- Address: 1201 Laurel Way
- Market: Beverly Hills
Sally Forster Jones, representing fjGroup, played a pivotal role in overseeing this transaction.
Players
Beverly Hills Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Deal FAQ
About $2.1K per square foot on a published $23M for 11,200 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.69%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93