Estate Of Paul Allen Sells Beverly Hills SFR For $45M With Kurt Rappaport - Westside Estate Agency
SOLD
$45,000,000
California
See Similar DealsSingle Family Residence9,587 SF
Sold 01/20/2022
SOLD
Estate Of Paul Allen Sells Beverly Hills SFR For $45M With Kurt Rappaport - Westside Estate Agency
Beverly Hills, California, United States
See Similar DealsSingle Family Residence9,587 SF
Sold 01/20/2022
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$4,693
Total Square Footage:9,587 SF
Transaction Type:Sale
The Estate of Paul Allen has sold a single-family residential property in Beverly Hills. The property spans an impressive 3.2 acres, offering ample space for privacy and outdoor activities. The sale took place on January 20, 2022.
Summary of transaction details:
- Property Type: Single-Family Residential
- Transaction Amount: $45,000,000
- Square Footage: 9,587 sqft
- Price Per Square Foot: $4,693
- Market: Beverly Hills
This sale was facilitated by Kurt Rappaport of Westside Estate Agency, who represented the seller, The Estate of Paul Allen. Rappaport's expert brokerage skills were instrumental in securing this successful transaction.
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30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$2,400,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$159,875.50
Cash-on-Cash Return-1.27%
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Annual Debt Service$2,559,875.50
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