Will Arnett Acquires SFR In Beverly Hills Post Office For $16.4M
Post Office, Beverly Hills, CA, USA
$16,400,000
$1,592/SF
Building Size
10,300 SF
Asset Type
Single Family Residence
Closing
Aug 20, 2021
AI
Will Arnett has purchased a single-family residence (SFR) in Beverly Hills Post Office for $16,400,000. The property spans approximately 10,300 square feet, resulting in a price per square foot of $1,592. The sale was finalized on August 20, 2021. Branden & Rayni Williams from The Beverly Hills Estates and Richard Ehrlich from Westside Estate Agency represented the buyer, Will Arnett, in this transaction.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $16,400,000
- Square Footage: 10,300
- Price per Square Foot: $1,592
- Date: 08/20/2021
- Location: Beverly Hills Post Office
Will Arnett was assisted by his brokers, Branden & Rayni Williams from The Beverly Hills Estates and Richard Ehrlich from Westside Estate Agency, in acquiring this property. This transaction marks a significant investment in the Beverly Hills Post Office market.
Players
Beverly Hills 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
0.97%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93