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Jenifer & Jeff Westphal Acquire SFR In Beverly Hills For $15M

Property Image
SOLD
$15,000,000

California

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Single Family Residence167,831 SF
Sold 03/17/2021
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Property Image
SOLD

Jenifer & Jeff Westphal Acquire SFR In Beverly Hills For $15M

1436 Bella Drive, Beverly Hills, CA, USA

See Similar Deals
Single Family Residence167,831 SF
Sold 03/17/2021
Contact now

Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$89
Total Square Footage:167,831 SF
Transaction Type:Sale

Located in Beverly Hills, the single-family residence at 1436 Bella Drive has recently been sold for a price of $15,000,000. This luxurious property, acquired by Jenifer and Jeff Westphal, offers a spectacular living experience.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $15,000,000
  • Market: Beverly Hills
  • Date: 03/17/2021

Jenifer and Jeff Westphal, the proud buyers of this magnificent property, have made a wise investment choice. Represented by their brokers, Jeff Hyland from Hilton & Hyland and Tim Smith from Coldwell Banker Realty, they successfully completed the transaction. With their expertise, these brokers ensured a smooth and efficient process for Jenifer and Jeff Westphal.

Players

Jeff Hyland
10 deals$597.8M volume
BROKER

Tim Smith
Coldwell Banker
6 deals$173.9M volume
BROKER

Details

SOLD
IMAGE: Jeff Hyland, Jenifer Westphal, Jeff Westphal & Tim Smith DATE: 03/17/2021 ADDRESS: 1436 Bella Drive MARKET: Beverly Hills ASSET TYPE: SFR BUYER: Jenifer & Jeff Westphal BROKERS: Jeff Hyland - Hilton & Hyland; Tim Smith - Coldwell Banker Realty SALE PRICE: $15,000,000

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

$799,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$53,291.84
Cash-on-Cash Return-1.27%
Monthly Debt Service$71,107.65
Annual Debt Service$853,291.83