Updated Dec 19, 2023
Justin Bieber Sells Beverly Hills SFR For $7.95M With Brokers Josh & Matt Altman, Dalton Gomez, Steven Schaefer & Jay Luchs
1710 Tropical Avenue, Beverly Hills, CA, USA
$7,955,000
$1,297/SF
Building Size
6,132 SF
Asset Type
Single Family Residence
Closing
Feb 17, 2021
About this deal
AI
Justin Bieber has sold a single-family residence located at 1710 Tropical Ave in Beverly Hills. The property was sold on February 18, 2021, for a total price of $7,955,000. With a total area of 6,132 square feet, the selling price per square foot amounts to $1,297. The transaction was facilitated by brokers Josh and Matt Altman from Douglas Elliman, Dalton Gomez from Compass, and Steven Schaefer and Jay Luchs from Schaefer & Luchs.
Summary of transaction details:
- Property Type: Single-Family Residence
- Transaction Amount: $7,955,000
- Address: 1710 Tropical Ave
- Market: Beverly Hills
The involvement of various key individuals and companies made this transaction possible. Justin Bieber served as the seller, while representing him as the broker were Josh and Matt Altman from Douglas Elliman, Dalton Gomez from Compass, and Steven Schaefer and Jay Luchs from Schaefer & Luchs. Each party played a crucial role in successfully closing the deal.
On the Map
$7,955,000
$1,297/SF
Single Family Residence
View full map
Players
Beverly Hills Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
About $1.3K per square foot on a published $8M for 6,132 square feet (2021).
Visit Dalton Gomez to view all their deals.
Browse California single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.99%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93