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1558 Tower Grove Drive, Bev...

Don Hankey Sells Beverly Hills SFR For $6.35M With Skye Lamb & Myles Lewis Brokers
SOLDSingle Family Residence

Don Hankey Sells Beverly Hills SFR For $6.35M With Skye Lamb & Myles Lewis Brokers

1558 Tower Grove Drive, Beverly Hills, CA 90210

$6,350,000

$1,058/SF

Building Size

6,000 SF

Asset Type

Single Family Residence

Closing

Jan 14, 2022

AI

Located in Beverly Hills, the property at 1558 Tower Grove Dr. recently changed hands in a sale transaction. The single-family residence (SFR) was sold for a price of $6,350,000. Spanning approximately 6,000 square feet, the property boasts a price per square foot (PPSF) of $1,058. The transaction took place on January 14, 2022, making it a recent deal in the market.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $6,350,000
  • Date: 01/14/2022
  • Address: 1558 Tower Grove Dr.
  • Market: Beverly Hills

The seller of the property was Don Hankey. Representing the seller in the deal were Skye Lamb and Myles Lewis, both brokers from undisclosed agencies. Skye Lamb and Myles Lewis played key roles in facilitating the transaction, ensuring a successful sale of the property.

Players

Myles Lewis

Broker

$11.5M

vol

2 deals

Broker
Don Hankey

Don Hankey

Seller

$143.5M

vol

5 deals

Seller

Los Angeles 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

2.50%

Cash-on-Cash

-0.71%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93