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
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