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1054 Angelo Drive

Courtney Reum Acquires Beverly Hills Estate From Will Arnett For $20.25 Million
SOLDSingle Family

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:

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

Richard Ehrlich

Carolwood Estates

Broker

$136.8M

vol

7 deals

Broker
Compass
CompassBrokerage

Will Arnett

Seller

$44.5M

vol

3 deals

Seller

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