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Ellen DeGeneres Acquires Beverly Hills SFR From Adam Levine For $45M

Property Image
SOLD
$45,000,000

California

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Single Family Residence10,400 SF
Sold 05/28/2019
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Property Image
SOLD

Ellen DeGeneres Acquires Beverly Hills SFR From Adam Levine For $45M

825 Loma Vista Drive, Beverly Hills, CA 90210, USA

See Similar Deals
Single Family Residence10,400 SF
Sold 05/28/2019
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Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$4,326
Total Square Footage:10,400 SF
Transaction Type:Sale

The recently closed property transaction involved a Single Family Residence (SFR) located at 825 Loma Vista Dr in the prestigious Beverly Hills market. This property spans over 10,400 square feet and was sold for a staggering price of $45,000,000, resulting in a price per square foot of $4,326. The transaction took place on May 28, 2019.

Summary of transaction details:

  • Property Type: Single Family Residence (SFR)
  • Transaction Amount: $45,000,000
  • Square Footage: 10,400
  • Price per Square Foot: $4,326
  • Address: 825 Loma Vista Dr
  • Market: Beverly Hills

The buyer in this transaction was the renowned talk show host, Ellen DeGeneres, who is known for her popular show, @TheEllenShow. On the other hand, the seller of the property was the talented musician and former judge of "The Voice," Adam Levine, as confirmed by his Instagram page, @AdamLevine. Representing both parties in the deal was Kurt Rappaport, a well-established broker.

It is worth noting that Adam Levine had initially purchased the property back in 2018 for a notable sum of $34,000,000, which demonstrates the significant appreciation in value within a relatively short period of time.

Players

Kurt Rappaport
58 deals$2.1B volume
BROKER

Details

SOLD
IMAGE: Ellen DeGeneres, Adam Levine & Kurt Rappaport DATE: 05/28/2019 ADDRESS: 825 Loma Vista Dr MARKET: Beverly Hills ASSET TYPE: SFR PRICE: $45,000,000 SF: 10,400 PPSF: $4,326 BUYER: Ellen Degeneres @TheEllenSbow SELLER: @AdamLevine BROKER: Kurt Rappaport NOTE: @AdamLevine paid $34M for the property in 2018.

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Deal Type
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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)-$159,875.50
Cash-on-Cash Return-1.27%
Monthly Debt Service$213,322.96
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