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Bel Air

Sydney Sweeney & Jonathan Davino Acquire 1930s Bel Air Estate For $6.2M
SOLDSingle Family Residence

Sydney Sweeney & Jonathan Davino Acquire 1930s Bel Air Estate For $6.2M

Bel Air

$6,200,000

$1,384/SF

Building Size

4,477 SF

Asset Type

Single Family Residence

Closing

Jul 25, 2023

AI

Actress Sydney Sweeney and her fiancée Jonathan Davino have purchased a 1930s Bel Air estate for $6.2 million. The property, situated on 1.25 acres of land, offers a prime opportunity for renovation or potential teardown amidst a neighborhood of upscale mansions.

Summary of transaction details

  • Property Type: Single Family Residential (SFR)
  • Transaction Amount: $6,200,000
  • Acreage: 1.25 acres
  • Square Footage: 4,477 square feet
  • Price Per Square Foot: $1,385
  • Market: Bel Air

This acquisition marks a significant move for Sydney Sweeney and Jonathan Davino as they secure their new residence in the prestigious Bel Air neighborhood. The estate, built in the 1930s, presents a unique opportunity for the couple to personalize and transform the property according to their preferences and style. With neighboring mansions boasting luxurious amenities and elegant designs, the estate's location provides a timeless appeal and the potential for a truly remarkable home for the couple.

Players

Sydney Sweeney

Buyer

$9.2M

vol

4 deals

Buyer

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

2.56%

Cash-on-Cash

-0.73%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93