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Beverly Hills, California, ...

Estate Of Paul Allen Sells Beverly Hills Single Family Property To Randall Van Wolfswinkel For $45M
SOLDSingle Family Residence

Estate Of Paul Allen Sells Beverly Hills Single Family Property To Randall Van Wolfswinkel For $45M

Beverly Hills, California, United States

$45,000,000

$1,875,000/SF

Building Size

24 SF

Asset Type

Single Family Residence

Closing

Feb 3, 2023

AI

The single-family property located in Beverly Hills has been sold in a closed transaction. The sale took place on 03/02/2023 and the property spans 3.24 acres. The property was previously owned by the Estate of Paul Allen and the buyer is Randall Van Wolfswinkel. The transaction was completed for a sale price of $45,000,000. The property has a total area of 24,370 square feet, resulting in a price per square foot of $1,847.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $45,000,000
  • Market: Beverly Hills
  • Acres: 3.24
  • Seller: Estate of Paul Allen
  • Buyer: Randall Van Wolfswinkel
  • Square Feet: 24,370
  • Price per Square Foot: $1,847

In this closed transaction, Randall Van Wolfswinkel acquired the property from the Estate of Paul Allen. The property, located in Beverly Hills, spans over 3.24 acres. The buyer and seller in this transaction are represented by their respective agents.

Players

Randall Van Wolfswinkel

Buyer

$78.8M

vol

2 deals

Buyer

Beverly Hills 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

0.35%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93