facebook

traded

+ Submit
Home

/

Deals

/

California

/

Single Family Residence

/

Sale

/

1071 Laurel Way, Beverly Hi...

Compass Sells SFR In Beverly Hills For $13.25M With Seller's Rep Ginger Glass & Alexandra Glass
SOLDSingle Family Residence

Compass Sells SFR In Beverly Hills For $13.25M With Seller's Rep Ginger Glass & Alexandra Glass

1071 Laurel Way, Beverly Hills, California 90210, United States

$13,250,000

$1,929/SF

Building Size

6,866 SF

Asset Type

Single Family Residence

Closing

May 22, 2022

AI

Located in Beverly Hills, the recently sold single-family residence (SFR) at 1071 Laurel Way is an impressive property. The transaction, which took place on May 23, 2022, was facilitated by buyer's representatives Alex Howe and Weston Littlefield of the Aaron Kirman Group, and seller's representatives Ginger Glass and Alexandra Glass of Compass. The property spans across 6,866 square feet and boasts an elegant interior.

Summary of transation details

  • Property Type: SFR
  • Transaction Amount: $13,250,000
  • Market: Beverly Hills
  • Address: 1071 Laurel Way

The property was sold for a noteworthy price of $13,250,000, translating to $1,929 per square foot. The deal was successfully negotiated by Alex Howe and Weston Littlefield, representing the buyer from the Aaron Kirman Group. On the other side, Ginger Glass and Alexandra Glass, representing the seller, provided their expertise to ensure a smooth transaction. The transaction reflects the thriving real estate market in Beverly Hills, securing an excellent return on investment for the seller.

Players

Ginger Glass

Compass

Broker

$391.1M

vol

17 deals

Broker

Beverly Hills Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.20%

Cash-on-Cash

-0.34%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93