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

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

Ginger Glass

Compass

Broker

$391.1M

vol

17 deals

Broker

Ben Affleck

Buyer

$179.3M

vol

6 deals

Buyer

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

0.26%

Cash-on-Cash

-0.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93