Ben Affleck And Jennifer Lopez Acquire Beverly Hills Single Family Home For $60.85M
Beverly Hills
$60,850,000
$1,601/SF
Building Size
38,000 SF
Asset Type
Single Family Residence
Closing
May 31, 2023
AI
Ben Affleck and Jennifer Lopez have recently purchased a 5.2-acre estate in Beverly Hills for approximately $61 million. The property, situated in the exclusive Carolwood Estates area, features a spacious single-family home with 12 bedrooms and 24 bathrooms. The estate also includes a pool and a sports complex, offering ample space for recreational activities. With a total area of 38,000 square feet, this luxurious property provides a lavish and comfortable living environment for the Hollywood power couple.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $60,850,000
- Market: Beverly Hills
- Address: Carolwood Estates, Beverly Hills
- Buyer: Ben Affleck & Jennifer Lopez
- Buyer's Representative: Brett Lawyer - Carolwood Estates
- Seller's Representative: Ginger Glass - Compass
The purchase of this stunning estate showcases Ben Affleck and Jennifer Lopez's continued success in their respective careers. With the assistance of Brett Lawyer from Carolwood Estates acting as their representative, the couple secured this incredible property in an exclusive Beverly Hills neighborhood. Ginger Glass, a reputable agent from Compass, represented the seller in this transaction, ensuring a smooth process for both parties involved.
It's worth noting that the estate was originally listed for $135 million back in 2018, making this purchase even more impressive. Ben Affleck and Jennifer Lopez's discerning taste and commitment to luxury living are reflected in their acquisition of this remarkable property in one of Los Angeles' most desirable areas.
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
0.26%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93