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1030 Della Drive

Reeve Benaron Purchases Beverly Hills Single Family Home For $7M
SOLDSingle Family

Reeve Benaron Purchases Beverly Hills Single Family Home For $7M

1030 Della Drive

$7,000,000

$1,239/SF

Building Size

5,647 SF

Asset Type

Single Family

Closing

Jun 14, 2024

AI

The single-family property located at 1030 Della Drive in Beverly Hills was recently sold for $7,000,000. Spanning 5,647 square feet, the transaction resulted in a price per square foot of $1,240.

Summary of transation details:

The buyer, Reeve Benaron, acquired the property with representation from Adam Rosenfeld, Jon Grauman, and Bjorn Farrugia. On the selling side, the transaction was handled by Michael Rabbani, Joe Babajian, and once again, Bjorn Farrugia, showcasing a collaborative effort in this successful real estate deal.

Players

Bjorn Farrugia

Hilton & Hyland

Broker

$73.7M

vol

6 deals

Broker

Beverly Hills Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.27%

Cash-on-Cash

-0.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93