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Nobel Homes LLC Sells Single Family Property In Beverley Hills For $18.2M

Property Image
SOLD
$18,200,000
Aaron Kirman

California

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Single Family Residence9 SF
Sold 12/14/2022
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Property Image
SOLD

Nobel Homes LLC Sells Single Family Property In Beverley Hills For $18.2M

1332 Laurel Way, Beverly Hills, California 90210, United States

See Similar Deals
Single Family Residence9 SF
Sold 12/14/2022
Aaron Kirman
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Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$2,022,222
Total Square Footage:9 SF
Transaction Type:Sale

Located at 1332 Laurel Way in Beverley Hills, this single-family property was recently sold in a closed transaction. The property spans 9,887 square feet and offers a spacious living space for its future residents. The transaction took place on 12/14/2022 and was facilitated by Santiago Arana and Victoria Velazquez from The Agency, who represented the buyer, while the seller, Nobel Homes LLC, was represented by Aaron Kirman from Christie's International Real Estate and Scott Ammann from The Beverly Hills Estates. The sale price for this property was $18,200,000, resulting in a price per square foot of $1,841.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $18,200,000
  • Address: 1332 Laurel Way, Beverley Hills
  • Market: Beverley Hills
  • Buyer's Representative: Santiago Arana & Victoria Velazquez - The Agency
  • Seller's Representative: Aaron Kirman - Christie's International Real Estate; Scott Ammann - The Beverly Hills Estates
  • Square Footage: 9,887
  • Price per Square Foot: $1,841

Players

Aaron Kirman
43 deals$900.5M volume(310) 994-9512
BROKER

Santiago Arana
The Agency
18 deals$322.1M volume
BROKER

Details

SOLD
IMAGE: Santiago Arana & Victoria Velazquez DATE: 12/14/2022 ADDRESS: 1332 Laurel Way MARKET: Beverley Hills ASSET TYPE: Single Family SELLER: Nobel Homes LLC - Zion Zamir BUYER'S REP: Santiago Arana (@SantiagoArana) & Victoria Velazquez (@VictoriaVelazquez) - The Agency (@TheAgencyre) SELLER'S REP: Aaron Kirman - Christie's International Real Estate; Scott Ammann - The Beverly Hills Estates (@TheBeverlyHillsEstates) SALE PRICE: $18,200,000 SF: 9,887 ~ PPSF: $1,841

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$64,660.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$86,277.29
Annual Debt Service$1,035,327.42