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Post Office, Beverly Hills,...

Will Arnett Acquires SFR In Beverly Hills Post Office For $16.4M
SOLDSingle Family Residence

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

Branden Williams

The Beverly Hills Estates

Broker

$1.2B

vol

49 deals

Broker
Westside Estate Agency
Westside Estate AgencyBrokerage

Will Arnett

Buyer

$44.5M

vol

3 deals

Buyer

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