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Sue Gross Sells 5,300 SF Single Family Home In Beverly Hills For $23.25M With Josh & Matt Altman And Tracy Tutor As Brokers

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SOLD
$23,250,000

California

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Single Family5,300 SF
Sold 11/07/2022
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Property Image
SOLD

Sue Gross Sells 5,300 SF Single Family Home In Beverly Hills For $23.25M With Josh & Matt Altman And Tracy Tutor As Brokers

960 Alpine Drive

See Similar Deals
Single Family5,300 SF
Sold 11/07/2022
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Summary

CALIFORNIA
Asset Type:Single Family
Price Per Square Foot:$4,386
Total Square Footage:5,300 SF
Transaction Type:Sale

The single-family property located at 960 North Alpine Drive in Beverly Hills, CA has been sold in a transaction. The property, owned by Sue Gross, was listed for sale. The deal was facilitated by brokers Josh & Matt Altman from The Altman Brothers and Tracy Tutor from Douglas Elliman. The transaction took place on 11/07/2022.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $23,250,000
  • Square Footage: 5,300
  • Price per Square Foot: $4,387
  • Address: 960 North Alpine Drive, Beverly Hills, CA
  • Market: Beverly Hills, CA

This transaction highlights the involvement of various key individuals and companies. Sue Gross, the seller of the property, enlisted the services of brokers Josh & Matt Altman from The Altman Brothers and Tracy Tutor from Douglas Elliman to handle the sale. The cooperation between these professionals helped facilitate the successful completion of the transaction.

Players

Tracy Tutor
8 deals$154.5M volume
BROKER

Details

SOLD
IMAGE: Sue Gross DATE: 11/07/2022 ADDRESS: 960 North Alpine Drive MARKET: Beverly Hills, CA ASSET TYPE: Single Family SELLER: Sue Gross BROKERS: Josh & Matt Altman - The Altman Brothers & Tracy Tutor - Douglas Elliman SALE PRICE: $23,250,000 SF: 5,300 ~ PPSF: $4,387 BROKERS: TracyTutor

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,240,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$82,602.33
Cash-on-Cash Return-1.27%
Monthly Debt Service$110,216.86
Annual Debt Service$1,322,602.34