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George Ruan Acquires Bel Air SFR For $18M With Buyer's Rep Honey

Property Image
SOLD
$18,000,000

California

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Single Family Residence6,603 SF
Sold 06/30/2020
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Property Image
SOLD

George Ruan Acquires Bel Air SFR For $18M With Buyer's Rep Honey

Bel Air, Los Angeles, CA, USA

See Similar Deals
Single Family Residence6,603 SF
Sold 06/30/2020
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Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$2,726
Total Square Footage:6,603 SF
Transaction Type:Sale

George Ruan has purchased a single-family home in Bel Air for $18,000,000. The property, which is located in the Bel Air market, was sold on June 30, 2020. This impressive SFR spans across 6,603 square feet.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $18,000,000
  • Market: Bel Air
  • Buyer: George Ruan - Honey
  • BSF: 6,603

In this transaction, George Ruan, represented by Honey, successfully purchased the SFR in Bel Air. Honey acted as the buyer's representative in this deal.

Players

2 deals$78M volume
BUYER

Details

SOLD
IMAGE: George Ruan DATE: 06/30/2020 MARKET: Bel Air ASSET TYPE: SFR BUYER: George Ruan - Honey PRICE: $18,000,000 BSF: 6,603

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Deal Type
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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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