Jeff Yarbrough & Zack Feitelberg Of Keller Williams Buy 1.31-Acre Land In Beverly Hills As Buyer's Reps
13442 Java Drive
$5,100,000
Building Size
—
Asset Type
Land
Closing
May 21, 2024
AI
13442 Java Drive in Beverly Hills is a 1.31-acre land parcel that was recently sold for $5,100,000. The transaction was facilitated by Jeff Yarbrough and Zack Feitelberg of Keller WilliamsBeverly Hills representing the buyer, and Robby Sutton of The Beverly Hills Estates representing the seller. The sale was approved by the Mulholland Review Board and presents an opportunity to build an 8,455 square-foot mountain-modern masterpiece designed by architect Russell Shubin.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $5,100,000
- Address: 13442 Java Drive
- Market: Beverly Hills
- Asset Type: Land
- ACRES: 1.31
Jeff Yarbrough and Zack Feitelberg of Keller Williams Beverly Hills, along with Robby Sutton of The Beverly Hills Estates, played key roles in the sale of the 1.31-acre land in Beverly Hills. The transaction, approved by the Mulholland Review Board, offers the potential to construct a stunning 8,455 square-foot mountain-modern residence with panoramic views and lush grounds, designed by the talented architect Russell Shubin.
Players
Beverly Hills Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.11%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93