Updated Dec 4, 2024
Jack Harris And Michael Fahimian Of The Beverly Hills Estates Represent Buyer In $16 Million Beverly Hills Sale
510 Doheny Road
$16,000,000
$2,164/SF
Building Size
7,392 SF
Asset Type
Single Family
Closing
Nov 4, 2024
About this deal
AI
510 Doheny Road, located in the Beverly Hills market, is a single-family asset encompassing 0.86 acres. The property has a total square footage of 7,392 and was sold for $16,000,000, which equates to a price per square foot of $2,165.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $16,000,000
- Address: 510 Doheny Road
- Market: Beverly Hills
- Acres: 0.86
- Square Feet: 7,392
- Price Per Square Foot: $2,165
- Buyer's Representative: Jack Harris & Michael Fahimian - The Beverly Hills Estates
- Seller's Representative: Kurt Rappaport - Westside Estate Agency
In this transaction, the buyer was represented by Jack Harris and Michael Fahimian from The Beverly Hills Estates, while the seller was represented by Kurt Rappaport of Westside Estate Agency. Notably, the property features a grand Mediterranean design, a 3,400 sq. ft. primary suite, and a gourmet kitchen, augmented by expansive grounds.
On the Map
$16,000,000
$2,164/SF
Single Family
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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
0.99%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93