Jeff Bezos & Mike Caren - Beverly Hills Single Family Sold For $37M
Beverly Hills, California, United States
$37,000,000
$3,363,636/SF
Building Size
11 SF
Asset Type
Single Family Residence
Closing
Sep 11, 2022
AI
Located in Beverly Hills, California, this single-family property sits on a spacious 2.03-acre lot. The transaction took place on November 9, 2022, involving notable individuals Jeff Bezos and Mike Caren. The property spans 11,891 square feet and was sold for a significant amount of $37,000,000, resulting in a price per square foot of $3,112. The seller in this deal was the California Community Foundation.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $37,000,000
- Acres: 2.03
Mike Caren emerged as the buyer in this high-profile transaction. Serving as the representative of the buyer, Mike Caren's involvement adds prominence to the deal. Meanwhile, the California Community Foundation acted as the seller. This sale represents a significant transaction in the Beverly Hills real estate market.
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
0.43%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93