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545 South Rimpau Boulevard

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

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

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.

Players

Marco Salari

The Beverly Hills Estates

Broker

$34.9M

vol

4 deals

Broker
The Beverly Hills Estates
The Beverly Hills EstatesBrokerage

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

1.76%

Cash-on-Cash

-0.50%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93