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1001 Bel Air Road, Los Ange...

Zsa Zsa Gabor's Bel Air Estate Sells For $20.8M With Dan Beder At SothebysRealty And Jade Mills At ColdwellBanker
SOLDSingle Family Residence

Zsa Zsa Gabor's Bel Air Estate Sells For $20.8M With Dan Beder At SothebysRealty And Jade Mills At ColdwellBanker

1001 Bel Air Road, Los Angeles, CA 90077, USA

$20,800,000

$3,250/SF

Building Size

6,400 SF

Asset Type

Single Family Residence

Closing

Sep 19, 2018

AI

Built in 1955, this Single-Family Residence (SFR) located at 1001 Bel Air Rd. in Bel-Air has recently changed hands. The property, previously owned by the late Zsa Zsa Gabor, was sold on September 20, 2018. The transaction was facilitated by Dan Beder from Sothebys Realty and Jade Mills from Coldwell Banker. The sale price of the property was $20,800,000, amounting to a total of 6,400 square feet. This equates to a price per square foot of $3,250.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $20,800,000
  • Date of Sale: 09/20/2018
  • Address: 1001 Bel Air Rd.
  • Market: Bel-Air
  • Square Footage: 6,400
  • Price per Square Foot: $3,250
  • Seller's Representative: Dan Beder - Sothebys Realty
  • Buyer's Representative: Jade Mills - Coldwell Banker

It is worth mentioning that Zsa Zsa Gabor purchased the property in 1973 and resided there until her passing in 2016. In 2017, the property was sold for $10.45 million to the current seller.

Players

Jade Mills

Coldwell Banker

Broker

$683.2M

vol

21 deals

Broker

Los Angeles Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.76%

Cash-on-Cash

-0.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93