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510 Doheny Road

Jack Harris And Michael Fahimian Of The Beverly Hills Estates Represent Buyer In $16 Million Beverly Hills Sale
SOLDSingle Family

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

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:

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.

Players

Kurt Rappaport

Westside Estate Agency

Broker

$2.1B

vol

58 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

0.99%

Cash-on-Cash

-0.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93