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1130 Carolyn Way

Samuel Hwang Sells Beverly Hills Single Family Home For $16.5 Million Through Brokers Joshua Altman & Sasha Rahban
SOLDSingle Family Residence

Samuel Hwang Sells Beverly Hills Single Family Home For $16.5 Million Through Brokers Joshua Altman & Sasha Rahban

1130 Carolyn Way

$16,500,000

$1,482/SF

Building Size

11,127 SF

Asset Type

Single Family Residence

Closing

Nov 1, 2024

AI

The property asset involved in this transaction is a single-family home located at 1130 Carolyn Way in Beverly Hills. The sale price for this asset was $16,500,000, encompassing a total square footage of 11,127, which translates to a price per square foot of $1,482.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $16,500,000
  • Address: 1130 Carolyn Way
  • Market: Beverly Hills
  • Square Footage: 11,127
  • Price Per Square Foot: $1,482
  • Seller: Samuel Hwang
  • Broker Representatives: Joshua Altman & Sasha Rahban - The Altman Brothers - Douglas Elliman
  • Note: Sasha Rahban helped negotiate a $2 million dollar discount for his client as the property was recently purchased for $18,500,000 in January 2024.

Joshua Altman and Sasha Rahban from The Altman Brothers at Douglas Elliman represented the seller in this transaction. Sasha Rahban has been active in real estate since 2007, bringing extensive experience in commercial and residential real estate, sales, property management, leasing, investing, and construction to the deal. His skills in negotiation have historically resulted in significant savings for clients and record sales prices in the market.

Players

Joshua Altman

Douglas Elliman

Broker

$577M

vol

42 deals

Broker

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

0.96%

Cash-on-Cash

-0.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93