Beverly Hills Mansion Linked To Menendez Brothers Murder Sells For $17M
722 North Elm Drive
$17,000,000
$1,875/SF
Building Size
9,063 SF
Asset Type
Single Family
Closing
Mar 20, 2024
AI
The property at 722 North Elm Drive in Beverly Hills, a 9,063-square-foot single-family home on 0.51 acres, was sold for $17,000,000. The sale price per square foot was $1,876. The transaction took place in March 2024. The property was previously listed for nearly $20 million but saw a price reduction before being sold. The buyer's identity has not been disclosed.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $17,000,000
- Address: 722 North Elm Drive
- Market: Beverly Hills
- Square Footage: 9,063
- Price Per Square Foot: $1,876
- Seller: Sam Delug
- Brokers: Amy Vertun & Jordana Leigh - Rodeo Realty
The sale of the Beverly Hills mansion, known for being the site where the Menendez brothers murdered their parents, closed after 28 years since their conviction. The property's transaction attracted attention due to its history and significant price reduction. The brokers involved in the deal were Amy Vertun and Jordana Leigh from Rodeo Realty.
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
0.93%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93