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Rihanna's Former Beverly Hills Home Sold For $14.9M With Buyer's Rep Geoffrey Frid & Phillip Salem
SOLDSingle Family Residence

Rihanna's Former Beverly Hills Home Sold For $14.9M With Buyer's Rep Geoffrey Frid & Phillip Salem

Beverly Hills

$14,970,000

$1,757/SF

Building Size

8,520 SF

Asset Type

Single Family Residence

Closing

Jun 22, 2023

AI

Rihanna's former Beverly Hills home has sold for $14.9 million after being listed for $16.49 million. The seven-bedroom property underwent renovations by previous owners John Legend and Chrissy Teigen and features impressive design details, including a large home gym.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $14,970,000
  • Size: 8,520 sqft
  • Price per Square Foot: $1,757
  • Market: Beverly Hills
  • Land Area: 0.86 acres

The buyer's representatives in this sale were Geoffrey Frid and Phillip Salem from Compass. The seller's representatives were Justin Paul Huchel from Carolwood Estates and Carl Gambino from Compass.

Players

Carl Gambino

Compass

Broker

$479.8M

vol

38 deals

Broker

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

1.06%

Cash-on-Cash

-0.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93