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10701 Bellagio Rd, Bel Air,...

$36M Bel Air SFR Sale With Kurt Rappaport, Drew Meyers, Jacob Greene & Camellia Yeroomian
SOLDSingle Family Residence

$36M Bel Air SFR Sale With Kurt Rappaport, Drew Meyers, Jacob Greene & Camellia Yeroomian

10701 Bellagio Rd, Bel Air, Los Angeles, CA, USA

$36,000,000

$1,500/SF

Building Size

24,000 SF

Asset Type

Single Family Residence

Closing

Apr 8, 2021

AI

Kurt Rappaport, Drew Meyers, Jacob Greene, and Camellia Yeroomian were involved in a recent real estate transaction in Bel Air. The property in question is a single-family residential home located at 10701 Bellagio Rd. This property spans an impressive 24,000 square feet and is situated in the sought-after Bel Air market.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $36,000,000
  • Address: 10701 Bellagio Rd
  • Market: Bel Air

The individuals and agencies that played a vital role in this transaction include Camellia Yeroomian from The Agency, Jacob Greene from Douglas Elliman, and Kurt Rappaport and Drew Meyers. Camellia Yeroomian represented the buyer or seller as their appointed representative. Jacob Greene brought his expertise on behalf of Douglas Elliman. Kurt Rappaport and Drew Meyers also played significant roles in this transaction.

Players

Drew Meyers

Westside Estate Agency

Broker

$259.8M

vol

11 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

0.44%

Cash-on-Cash

-0.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93