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
Beverly Hills 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
1.20%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93