Updated Dec 19, 2023
French Chateau In Beverly Hills Sells Off Market For $15M
726 North Maple Drive, Beverly Hills, CA, USA
$15,000,000
$1,641/SF
Building Size
9,141 SF
Asset Type
Single Family Residence
Closing
Apr 22, 2021
About this deal
AI
A French Chateau located at 726 N Maple Dr in the Flats of Beverly Hills has been sold off-market. The development project was recently concluded, and the property was purchased for $15,000,000. With a spacious 9,141 square feet, the single-family home offers a price per square foot of $1,641. The sale was handled by Shelene Atanacio, a representative from The Shelene Group.
Summary of transaction details
- Property Type: Single-Family Home
- Transaction Amount: $15,000,000
Shelene Atanacio, from The Shelene Group, represented the sellers in this off-market transaction. Once the development is completed, the property will be relisted by The Shelene Group and Shelene Atanacio.
Players
Beverly Hills Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.6K per square foot on a published $15M for 9,141 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93