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53 Beverly Park, Beverly Hi...

Ben Bacal & Drew Meyers Sell Beverly Hills SFR For $29M
SOLDSingle Family Residence

Ben Bacal & Drew Meyers Sell Beverly Hills SFR For $29M

53 Beverly Park, Beverly Hills, CA, USA

$29,000,000

$1,705/SF

Building Size

17,000 SF

Asset Type

Single Family Residence

Closing

Sep 1, 2021

AI

The property involved in this transaction is a single-family residence located at 53 Beverly Park in Beverly Hills. It was sold on 09/01/2021 for a price of $29,000,000. The property has a total area of 17,000 square feet, resulting in a price per square foot of $1,705. The buyer's representative in this deal was Drew Meyers from Westside Estate Agency, while the seller's representative was Ben Bacal from Rodeo Realty.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $29,000,000
  • Address: 53 Beverly Park
  • Market: Beverly Hills
  • Buyer's Rep: Drew Meyers - Westside Estate Agency
  • Seller's Rep: Ben Bacal - Rodeo Realty
  • SF: 17,000
  • PPSF: $1,705

Ben Bacal from Rodeo Realty represented the seller, while Drew Meyers from Westside Estate Agency represented the buyer in this transaction.

Players

Drew Meyers

Westside Estate Agency

Broker

$259.8M

vol

11 deals

Broker

Beverly Hills 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

0.55%

Cash-on-Cash

-0.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93