Courtney Reum Acquires Beverly Hills Estate From Will Arnett For $20.25 Million
1054 Angelo Drive
$20,251,775
$1,966/SF
Building Size
10,300 SF
Asset Type
Single Family
Closing
Mar 10, 2025
AI
The property involved in this transaction is a single-family home located at 1054 Angelo Drive in Beverly Hills. The asset spans 0.42 acres and has a total square footage of 10,300. The sale price for the property was $20,251,775, which translates to a price per square foot of $1,966.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $20,251,775
- Buyer: Courtney Reum
- Seller: Will Arnett
- Seller's Representative: Richard Ehrlich - Carolwood Estates
- Broker: Danelle Lavin - Christie's International Real Estate Socal
This transaction marks the sale of Will Arnett's Beverly Hills estate to entrepreneur Courtney Reum, who is related to Paris Hilton. Reum intends to use the home as his residence and plans to host his wedding with fiancée Maggie Sellers there in August.
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
0.78%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93