Updated Jan 7, 2026
Carl Gambino Of Compass Represents Both Sides In $35M Sale Of Beverly Hills Estate
1309 Davies Drive
$35,000,000
Building Size
—
Asset Type
Single Family
Closing
Dec 30, 2025
About this deal
AI
The property asset involved in this transaction is a single-family home located at 1309 Davies Drive in Beverly Hills. The estate is situated on 2.37 acres and was sold for $35,000,000. The property was previously listed with an asking price of $75,000 when it hit the market in August 2024 before being sold in late December 2025.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $35,000,000
- Address: 1309 Davies Drive
- Market: Beverly Hills
- Acres: 2.37
- Broker: Carl Gambino - Compass
This transaction involved broker Carl Gambino of Compass, who represented both the seller and the buyer. The property was last owned by LLC 1309 Davies and underwent multiple price reductions before the sale, illustrating the current market conditions in Los Angeles’s trophy-home sector.
On the Map
$35,000,000
Single Family
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Beverly Hills Single Family Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.45%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93