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
SOLD
California
See Similar DealsIndustrial13,301 SF
Sold 06/01/2020
SOLD
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
See Similar DealsIndustrial13,301 SF
Sold 06/01/2020
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$1,590
Total Square Footage:13,301 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,128,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$75,141.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$100,261.79
Annual Debt Service$1,203,141.48
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