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Tracy Tutor Acquires SFR In Beverly Hills For $8.2M

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SOLD
$8,200,000

California

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Single Family Residence5,265 SF
Sold 04/15/2021
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Property Image
SOLD

Tracy Tutor Acquires SFR In Beverly Hills For $8.2M

510 N Hillcrest Rd, Beverly Hills, CA, USA

See Similar Deals
Single Family Residence5,265 SF
Sold 04/15/2021
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Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,557
Total Square Footage:5,265 SF
Transaction Type:Sale

Located in the prestigious Beverly Hills market, the single-family residence at 510 N. Hillcrest Rd. has been sold for a transaction amount of $8,200,000. The property, spanning 5,265 square feet, offers a spacious living area for its new owner, Tracy Tutor. This elegant home in Beverly Hills showcases luxurious features and amenities.

Summary of transaction details

  • Property Type: Single-Family Residence (SFR)
  • Transaction Amount: $8,200,000
  • Square Footage: 5,265
  • Price per Square Foot: $1,557
  • Address: 510 N. Hillcrest Rd., Beverly Hills

Represented by Josh Flagg from Rodeo Realty and Tracy Tutor from Douglas Elliman, the deal was successfully closed between Tracy Tutor and the sellers, Chris Peters and June Peters. With their expertise in the real estate industry, both brokers played a crucial role in facilitating the transaction. Tracy Tutor's acquisition of this remarkable property highlights her solid investment decisions in the Beverly Hills housing market.

Players

Josh Flagg
19 deals$190.4M volume(310) 819-3410
BROKER

Tracy Tutor
Douglas Elliman
8 deals$154.5M volume
BROKER

Details

SOLD
IMAGE: Tracy Tutor & Josh Flagg DATE: 04/15/2021 ADDRESS: 510 N. Hillcrest Rd. MARKET: Beverly Hills ASSET TYPE: SFR BUYER: Tracy Tutor SELLER: Chris Peters & June Peters BROKERS: Josh Flagg - Rodeo Realty; Tracy Tutor - Douglas Elliman SALE PRICE: $8,200,000 SF: 5,265 ~ PPSF: $1,557

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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)-$29,132.88
Cash-on-Cash Return-1.27%
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