facebook
Traded Co logo
Submit
Daily limit: 0/10

Julie Wainwright Of The RealReal Sells Beverly Hills Home For $10.7M With Josh Flagg As The Broker

Property Image
SOLD
$10,700,000

California

See Similar Deals
Single Family4,500 SF
Sold 12/19/2024
the dealplayerscompscontact
Property Image
SOLD

Julie Wainwright Of The RealReal Sells Beverly Hills Home For $10.7M With Josh Flagg As The Broker

590 Haynes Avenue

See Similar Deals
Single Family4,500 SF
Sold 12/19/2024
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Single Family
Price Per Square Foot:$2,377
Total Square Footage:4,500 SF
Transaction Type:Sale

The single-family property located at 590 Haynes Avenue in Beverly Hills has been sold for $10,700,000. Spanning 4,500 square feet on a 0.57-acre lot, the residence features five ensuite bedrooms and includes a modern Poliform kitchen. The outdoor area boasts half-acre grounds with an infinity pool and teakwood deck.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $10,700,000
  • Address: 590 Haynes Avenue
  • Market: Beverly Hills
  • Square Footage: 4,500
  • Price Per Square Foot: $2,378
  • Seller: Julie Wainwright - The RealReal
  • Broker: Josh Flagg - Compass

Julie Wainwright, the founder and former CEO of The RealReal, realized a $1 million gain on her investment from 2021 by selling her property, with Josh Flagg representing both sides of this transaction.

Players

Josh Flagg
Compass
Josh Flagg
19 deals$190.4M volume(310) 819-3410
BROKER
Keller Williams Realty
Keller Williams Realty
BROKERAGE
Keller Williams Realty
Keller Williams Realty
BROKERAGE

Details

SOLD
IMAGE: Julie Wainwright & Josh Flagg DATE: 12/19/2024 ADDRESS: 590 Haynes Avenue MARKET: Beverly Hills ASSET TYPE: Single Family ~ ACRES: 0.57 SELLER: Julie Wainwright (@RealRealJulie) - The RealReal (@TheRealReal) BROKER: Josh Flagg (@JoshFlagg1) - Compass (@Compass) SALE PRICE: $10,700,000 SF: 4,500 ~ PPSF: $2,378 NOTE: Julie Wainwright, founder and former CEO of The RealReal, sold her Beverly Hills home for $10.7 million, a $1 million gain over her 2021 purchase price, with Compass broker Josh Flagg representing both sides of the deal. The Steve Hermann-designed property features 4,500 square feet of modern luxury, including five ensuite bedrooms, a Poliform kitchen, and half-acre grounds with an infinity pool and teakwood deck.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$570,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$38,014.83
Cash-on-Cash Return-1.27%
Monthly Debt Service$50,723.46
Annual Debt Service$608,681.51