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David Mandel Sells Single Family Home At 545 South Rimpau Boulevard For $9M With Watson Salari Group

Property Image
SOLD
$9,000,000

California

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Single Family Residence7,109 SF
Sold 01/06/2026
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Property Image
SOLD

David Mandel Sells Single Family Home At 545 South Rimpau Boulevard For $9M With Watson Salari Group

545 South Rimpau Boulevard

See Similar Deals
Single Family Residence7,109 SF
Sold 01/06/2026
Contact now

Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,266
Total Square Footage:7,109 SF
Transaction Type:Sale

The property asset involved in this transaction is a single-family home located at 545 South Rimpau Boulevard in the Los Angeles market. The property encompasses a total of 7,109 square feet and was sold for a sale price of $9,000,000, resulting in a price per square foot of $1,266.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $9,000,000
  • Address: 545 South Rimpau Boulevard
  • Market: Los Angeles
  • Square Footage: 7,109
  • Price per Square Foot: $1,266
  • Seller: David Mandel
  • Seller's Representative: Brent Watson & Marco Salari - Watson Salari Group - The Beverly Hills Estates

This deal involved key individuals including seller David Mandel, who engaged the services of Brent Watson and Marco Salari to represent him through the Watson Salari Group under The Beverly Hills Estates. Their collaboration facilitated the transaction within the highly competitive Los Angeles real estate market.

Players

Marco Salari
4 deals$34.9M volume
BROKER

Brent Watson
The Beverly Hills Estates
5 deals$39.9M volume
BROKER

The Beverly Hills Estates
BROKERAGE

Details

SOLD
IMAGE: Brent Watson & Marco Salari DATE: 01/06/2026 ADDRESS: 545 South Rimpau Boulevard MARKET: Los Angeles ASSET TYPE: Single Family SELLER: David Mandel SELLER'S REP: Brent Watson (@MrBrentWatson) & Marco Salari (@MarcoSalari) - Watson Salari Group (@WatsonSalariGroup) - The Beverly Hills Estates (@TheBeverlyHillsEstates) SALE PRICE: $9,000,000 SF: 7,109 ~ PPSF: $1,266

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$480,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$31,975.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$42,664.59
Annual Debt Service$511,975.10