Updated Dec 4, 2024
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
About this deal
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
Loading comparables…
Deal FAQ
About $1.1K per square foot on a published $3M for 2,785 square feet (2023).
Visit Steve Frankel to view all their deals.
Browse Beverly Hills single family sales on Traded.
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