Jonathan Kelly Acquires Bel Air Single Family For $26M With Sotheby's Intl Realty And Compass-Carolwood Estates
Los Angeles
$26,000,000
$1,543/SF
Building Size
16,849 SF
Asset Type
Single Family Residence
Closing
Apr 9, 2023
AI
A single-family property located at 638 Siena Way in the Bel Air market has been sold for $26,000,000. The property spans across 0.85 acres and offers a total of 16,849 square feet of space. The sale price per square foot amounts to $1,543. The buyer of the property is Jonathan Kelly, while the seller is Viewpoint Collection.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $26,000,000
- Address: 638 Siena Way
- Market: Bel Air
- Acres: 0.85
- Buyer: Jonathan Kelly
- Seller: Viewpoint Collection
Marc Noah from Sotheby’s International Realty represented Jonathan Kelly as the buyer's representative. The seller, Viewpoint Collection, was represented by Tomer Fridman, Sally Forster Jones, and Tyrone McKillen from Compass, along with Drew Fenton from Carolwood Estates.
Players
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.61%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93