Michael And Lydia Kives Acquire SFR In Beverly Hills For $12.7M Through Kurt Rappaport And Bryce Pennel

The property asset involved in this transaction is a single-family residence (SFR) located at 1170 Loma Linda Dr in Beverly Hills. The property spans approximately 6,700 square feet and was sold for a total of $12,700,000, resulting in a price per square foot of $1,895.

Summary of transaction details:

• Property Type: SFR
• Transaction Amount: $12,700,000
• Square Footage: 6,700
• Address: 1170 Loma Linda Dr
• Market: Beverly Hills

In this deal, the buyers were Michael and Lydia Kives, while the sellers were Ted Waitt and Michelle Merkin. Representing the buyers was Kurt Rappaport from Westside Estate Agency, and representing the sellers was Bryce Pennel from Compass.