facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Single Family Residence

/

Sale

/

Bel Air, Los Angeles

Tyler, The Creator Acquires $13M Bel Air Single Family Property
SOLDSingle Family Residence

Tyler, The Creator Acquires $13M Bel Air Single Family Property

Bel Air, Los Angeles

$13,000,000

$2,600/SF

Building Size

5,000 SF

Asset Type

Single Family Residence

Closing

Apr 13, 2023

AI

The sprawling property in Bel Air, originally built in the 1970s but completely rebuilt last year, has been sold for a staggering $13,000,000. Spanning 0.84 acres, this single-family home offers an expansive space of 5,000 square feet.

Summary of Transaction Details

  • Property Type: Single Family
  • Transaction Amount: $13,000,000
  • Market: Bel Air
  • Acres: 0.84

The buyer of this remarkable property is none other than the renowned rapper, Tyler, the Creator. Represented by Ari Afshar and Evan Dolmatsky from Compass, Tyler made a significant investment in this luxurious estate.

On the other side of the deal, Benjamin Bacal and Rachael Williams from Revel Real Estate served as the seller's representatives. They ensured a smooth and successful sale of this prestigious property.

This breathtaking property offers four bedrooms, six bathrooms, and is adorned with custom Brazilian wood floors, high ceilings, and steel-case windows. The state-of-the-art amenities include a smart-home system, a movie theater, and a step-up cigar lounge. The private backyard is a haven for relaxation with a pool, fire pit, sauna, bar, barbecue, and a spacious four-car garage.

Players

Evan Dolmatsky

The Beverly Hills Estates

Broker

$80.6M

vol

14 deals

Broker

Los Angeles Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.22%

Cash-on-Cash

-0.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93