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825 Loma Vista Drive, Bever...

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

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

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

$45,000,000

$4,326/SF

Building Size

10,400 SF

Asset Type

Single Family Residence

Closing

May 27, 2019

AI

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

Westside Estate Agency

Broker

$2.1B

vol

58 deals

Broker

Adam Levine

Seller

$130.1M

vol

4 deals

Seller

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

0.35%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93