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
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