Kanye West Purchases Mansion In Beverly Park For $35 Million With Brokers Gigi Gharai And Jacob Greene
72 Beverly Park Street
$35,000,000
$1,750/SF
Building Size
20,000 SF
Asset Type
Single Family
Closing
Nov 2, 2024
AI
A single-family estate in Beverly Hills, located at 72 Beverly Park Street, has been sold for $35,000,000. The property spans 6.79 acres and features a total of 20,000 square feet. The price per square foot was calculated at $1,750. The mansion boasts 11 bedrooms and 18 bathrooms, alongside amenities such as two pools, a paddle tennis court, and a guest house that is connected by a steel bridge.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $35,000,000
- Address: 72 Beverly Park Street
- Market: Beverly Hills
- Size: 20,000 SF
- Acreage: 6.79 acres
- Price Per Square Foot: $1,750
- Buyer: Kanye West
- Buyer’s Representative: Jacob Greene - The Altman Brothers - Douglas Elliman
- Seller’s Representative: Gigi Gharai - Coldwell Banker
The transaction involved Kanye West as the buyer, with representation from Jacob Greene of The Altman Brothers at Douglas Elliman. On the seller's side, Gigi Gharai represented the deal through Coldwell Banker.
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
0.45%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93