Updated Sep 2, 2026
Mystery Tech Founder Signs Lease For Horizon Estate In Bel Air At $195,000 Per Month
1853 Bel Air Road
$195,000
$195,000/SF
Building Size
20,500 SF
Asset Type
Single Family
Closing
Aug 27, 2026
About this deal
AI
A mystery tech founder signed a lease for the Horizon Estate located at 1853 Bel Air Road in Los Angeles, CA for $195,000 per month. This 20,500-square-foot single-family estate is situated on 1.4 acres and includes nine bedrooms, canyon and ocean views, a pool and spa, a gym, a theater, a wine lounge, and extensive entertaining spaces.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $195,000/Month
- Address: 1853 Bel Air Road
- Market: Los Angeles, CA
- Square Footage: 20,500
- Brokers: Shawn Elliott & Michael Rodgers - Nest Seekers International
This transaction highlights the involvement of brokers Shawn Elliott and Michael Rodgers from Nest Seekers International, who represented the property in this significant lease arrangement.
Players
Bel Air Single Family Market Snapshot
Boundary boundary · Single Family · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
81.35%
Cash-on-Cash
-23.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93