Updated Jan 23, 2026
David Mandel Sells Single Family Home At 545 South Rimpau Boulevard For $9M With Watson Salari Group
545 South Rimpau Boulevard
$9,000,000
$1,266/SF
Building Size
7,109 SF
Asset Type
Single Family Residence
Closing
Jan 6, 2026
About this deal
AI
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.
On the Map
$9,000,000
$1,266/SF
Single Family Residence
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Players
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.3K per square foot on a published $9M for 7,109 square feet (2026).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.76%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93