facebook
Traded Co logo
Submit
Daily limit: 0/10

Ben Affleck And Jennifer Lopez Acquire Beverly Hills Single Family Home For $60.85M

Property Image
SOLD
$60,850,000
Ginger Glass

California

See Similar Deals
Single Family Residence38,000 SF
Sold 05/31/2023
the dealplayerscompscontact
Property Image
SOLD

Ben Affleck And Jennifer Lopez Acquire Beverly Hills Single Family Home For $60.85M

Beverly Hills

See Similar Deals
Single Family Residence38,000 SF
Sold 05/31/2023
Ginger Glass
Contact now

Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,601
Total Square Footage:38,000 SF
Transaction Type:Sale

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

Ginger Glass
17 deals$391.1M volume(310) 927-9307
BROKER

Brett Lawyer
Carolwood Estates
14 deals$224.8M volume
BROKER

Details

SOLD
IMAGE: Jennifer Lopez & Ben Affleck DATE: 05/31/2023 MARKET: Beverly Hills ASSET TYPE: Single Family ~ ACRES: 5.2 BUYER: Ben Affleck & Jennifer Lopez (@JLo) BUYER'S REP: Brett Lawyer - Carolwood Estates (@CarolwoodRealEstate) SELLER'S REP: Ginger Glass - Compass (@Compass) SALE PRICE: $60,850,000 SF: 38,000 ~ PPSF: $1,601 NOTE: Hollywood power couple Ben Affleck and Jennifer Lopez have purchased a Los Angeles home for around $61 million. The 5-acre estate features 12 bedrooms, 24 bathrooms, a pool, and a sports complex, and was originally listed for $135 million in 2018.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$3,245,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$216,187.21
Cash-on-Cash Return-1.27%
Monthly Debt Service$288,460.04
Annual Debt Service$3,461,520.53