Berggruen Holdings Acquires SFR In Beverly Hills For $47M
Beverly Hills, CA, USA
$47,000,000
Building Size
—
Asset Type
Single Family Residence
Closing
Aug 20, 2021
AI
Berggruen Holdings has acquired a single-family residence (SFR) property in Beverly Hills for a sale price of $47,000,000. The transaction took place on 08/20/2021 and involved the seller, Leonard Ross. The property is located in the Beverly Hills market.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $47,000,000
- Seller: Leonard Ross
- Market: Beverly Hills
The deal was facilitated by several brokers. Anthony Marguleas from Amalfi Estates, Gary Gold, Drew Fenton, and Linda May from Hilton & Hyland, as well as Zizi Pak and John Gould from Rodeo Realty were the brokers involved in the transaction.
Players
Beverly Hills Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.34%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93