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72 Beverly Park Street

Kanye West Purchases Mansion In Beverly Park For $35 Million With Brokers Gigi Gharai And Jacob Greene
SOLDSingle Family

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

Jacob Greene

Douglas Elliman

Broker

$194.9M

vol

14 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

0.45%

Cash-on-Cash

-0.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93