Updated Oct 29, 2024
Howie Liu Acquires Beverly Hills Single Family Property For $31M
Beverly Hills, California, United States
$31,000,000
$2,818,181/SF
Building Size
11 SF
Asset Type
Single Family Residence
Closing
Sep 29, 2022
About this deal
AI
A single-family property in Beverly Hills, CA has been sold in a recent transaction. The property, spanning 0.61 acres, was sold for a price of $31,000,000. The property offers a spacious living area of 11,106 square feet, resulting in a price per square foot of $2,791.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $31,000,000
- Market: Beverly Hills, CA
- Asset Type: Single Family
- Acreage: 0.61
Howie Liu, the founder and CEO of Airtable, purchased the property. Alan Saltzman, representing VantagePoint Capital Partners, served as the seller's representative in this transaction.
Players
Beverly Hills Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $2.8M per square foot on a published $31M for 11 square feet (2022).
Browse California single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.51%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93