Updated Oct 29, 2024
Unitec Industries Establishment Sells Single Family Property In Beverly Hills For $25M
812 North Bedford Drive Beverly Hills, California 90210, USA
$25,000,000
$1,758/SF
Building Size
14,218 SF
Asset Type
Single Family
Closing
Jun 7, 2023
About this deal
AI
The highest-priced sale in Beverly Hills this year has just taken place at 812 North Bedford Drive. Unitec Industries Establishment sold the property for a whopping $25,000,000. This single-family estate encompasses 0.93 acres and boasts a magnificent Mediterranean-style main house with six bedrooms. In addition, there is a separate two-story house featuring five bedrooms. The estate offers a range of amenities, including a tennis court and a pool.
Summary of transation details
- Property Type: Single Family
- Transaction Amount: $25,000,000
- Address: 812 North Bedford Drive
- Market: Beverly Hills
- Square Footage: 14,218
- Price per Square Foot: $1,758
- Seller: Unitec Industries Establishment
- Broker: Kurt Rappaport - Westside Estate Agency
This prestigious estate showcases a stunning tennis court and pool, providing the new owner with ample opportunities for relaxation and recreation. The sale of this property marks a significant milestone in the real estate market, setting a new record for the highest-priced sale in Beverly Hills this year.
Beverly Hills Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $1.8K per square foot on a published $25M for 14,218 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.63%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93