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2296 Betty Lane

Nancy Sinatra's Former Beverly Hills Home Sold For $3M
SOLDSingle Family

Nancy Sinatra's Former Beverly Hills Home Sold For $3M

2296 Betty Lane

$3,000,000

$1,077/SF

Building Size

2,785 SF

Asset Type

Single Family

Closing

Oct 23, 2023

AI

Nancy Sinatra's former Beverly Hills home, located at 2296 Betty Lane, has been sold for $3 million. This single-family property, situated on 0.28 acres of land, captivates with its 1960s charm. The preserved midcentury appeal has been maintained by long-time owner Orly Frank, who hopes that the new owner will continue to appreciate and preserve its unique character.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $3,000,000
  • Square Footage: 2,785
  • Price per Square Foot: $1,077
  • Address: 2296 Betty Lane
  • Market: Beverly Hills

Taja Quiseng from Douglas Elliman represented the buyer in this transaction, while Steve Frankel from Coldwell Banker acted as the seller's representative. The property was listed at $2.95 million before being sold for $3 million. With its notable history and timeless charm, this Beverly Hills home continues to captivate buyers in the real estate market.

Players

Steve Frankel

Coldwell Banker

Broker

$29.4M

vol

4 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

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93