Updated Aug 25, 2026
Brad Baskin & Jessica Kavanaugh Of Douglas Elliman Represent Buyer In $25M Sale Of Beverly Hills Single Family Home
618 North Elm Drive
$25,000,000
$2,212/SF
Building Size
11,300 SF
Asset Type
Single Family Residence
Closing
Aug 19, 2026
About this deal
AI
The property asset involved in this transaction is a single-family home located at 618 North Elm Drive in Beverly Hills. The sale price for the property was $25,000,000, with a total square footage of 11,300, resulting in a price per square foot of $2,212.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $25,000,000
- Address: 618 North Elm Drive
- Market: Beverly Hills
- Square Footage: 11,300
- Price Per Square Foot: $2,212
- Buyer's Representative: Brad Baskin & Jessica Kavanaugh - Douglas Elliman
- Seller's Representative: Tommy Bubonic & Ash Ghovanloo - Douglas Elliman
The key individuals involved in this transaction include Brad Baskin and Jessica Kavanaugh, representing the buyer, while Tommy Bubonic and Ash Ghovanloo represented the seller, all associated with Douglas Elliman, demonstrating a strong presence in the luxury real estate market.
Players
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
0.63%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93