Updated Sep 9, 2024
Michael Marvisi Sells Beverly Hills SFR For $17.4M With Buyer's Rep Jordan Pollack & Seller's Rep Aaron Kirman
527 North Palm Drive, Beverly Hills, CA 90210
$17,400,000
$1,526/SF
Building Size
11,400 SF
Asset Type
Single Family Residence
Closing
Sep 24, 2021
About this deal
AI
The property involved in this transaction is a single-family home located at 527 N. Palm Dr. in Beverly Hills. The sale took place on September 24, 2021. The property spans 11,400 square feet and was sold for a total price of $17,400,000. The price per square foot comes out to be $1,526.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $17,400,000
- Market: Beverly Hills
- Address: 527 N. Palm Dr.
The seller in this transaction was Michael Marvisi, and the buyer was represented by Jordan Pollack. Aaron Kirman served as the seller's representative in the deal. It is worth noting that LA Luxuries Vacation Home Agency represents sellers and buyers of furnished vacation homes.
Players
Beverly Hills Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
About $1.5K per square foot on a published $17.4M for 11,400 square feet (2021).
Visit Jordan Pollack 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
0.91%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93