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:
- Property Type: Single Family
- Transaction Amount: $7,000,000
- Buyer: Reeve Benaron
- Seller: Naz & Aaron Eghbal
- Buyer's Representative: Adam Rosenfeld & Jon Grauman - The Agency; Bjorn Farrugia - Carolwood Estates
- Seller's Representative: Michael Rabbani & Joe Babajian - Rodeo Realty; Bjorn Farrugia
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
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