Updated Sep 5, 2024
Justin Fierro Of Engel & Volkers Represents $24.5M Sale Of 7.0 Acre SFR In Beverly Hills
Beverly Hills, California, United States
$24,500,000
$1,225/SF
Building Size
20,000 SF
Asset Type
Single Family Residence
Closing
Feb 23, 2022
About this deal
AI
A stunning single-family home located in Beverly Hills has recently been sold for a whopping price of $24,500,000. This luxurious property spans over an expansive 7.0 acres, offering ample space and privacy. With a total area of 20,000 square feet, this home provides a spacious and comfortable living experience.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $24,500,000
- Market: Beverly Hills
- Asset Type: Single-Family Home
- Acres: 7.0
- Square Footage: 20,000
Facilitating this impressive sale was Justin Fierro from Engel & Volkers, who acted as the broker representing the parties involved in the transaction. His expertise and dedication contributed to the successful completion of this deal.
Players
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
0.65%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93