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Beverly Hills, CA, USA

Tony Gonzalez Sells Beverly Hills SFR For $21.15M With Buyer's Rep Steven Schaefer & Jay Luchs And Seller's Rep Michele Graci, Branden Williams & Rayni Williams
SOLDIndustrial

Tony Gonzalez Sells Beverly Hills SFR For $21.15M With Buyer's Rep Steven Schaefer & Jay Luchs And Seller's Rep Michele Graci, Branden Williams & Rayni Williams

Beverly Hills, CA, USA

$21,150,000

$1,590/SF

Building Size

13,301 SF

Asset Type

Industrial

Closing

Jun 1, 2020

AI

A single-family residence located in Beverly Hills has been sold for a total price of $21,150,000. The property spans 13,301 square feet, resulting in a price per square foot of $1,590. The transaction took place on June 1, 2021.

Summary of transaction details:

  • Property Type: Single-Family Residence
  • Transaction Amount: $21,150,000

The seller of the property was Tony Gonzalez, while the buyer's representatives were Steven Schaefer and Jay Luchs from Newmark. On the other hand, the seller's representatives were Michele Graci, Branden Williams, and Rayni Williams from WilliamsAndWilliams.

Players

Jay Luchs

Newmark

Broker

$2B

vol

43 deals

Broker

Beverly Hills Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.75%

Cash-on-Cash

-0.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93