Jennifer Lopez And Ben Affleck Purchase Bel-Air SFR For $50M
Bel Air, Los Angeles, California, United States
$50,000,000
$2,500/SF
Building Size
20,000 SF
Asset Type
Single Family Residence
Closing
May 11, 2023
AI
Jennifer Lopez and Ben Affleck have made headlines once again, this time with their real estate purchase in Bel-Air. The power couple recently acquired a stunning single-family residence (SFR) in the prestigious neighborhood. The property spans approximately 20,000 square feet, offering ample space for the duo to enjoy their privacy and indulge in luxurious living. The transaction took place on 03/21/2022, making it a recent addition to their already impressive real estate portfolio.
Summary of transaction details
- Property Type: Single-Family Residence (SFR)
- Transaction Amount: $50,000,000
- Square Footage: 20,000
- Price per Square Foot: $2,500
- Market: Bel-Air
Todd Lemkin represented the seller in this high-profile deal. The exact address of the property remains undisclosed, ensuring utmost privacy for the celebrity buyers. With its grand scale and opulent features, this acquisition exemplifies Jennifer Lopez and Ben Affleck's discerning taste and commitment to luxurious living. The couple's investment in the Bel-Air market highlights their ongoing growth and success in the real estate realm.
Players
Los Angeles 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
0.32%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93