Sue Gross Sells Beverly Hills Home At 984 Alpine Drive For $33 Million With Drew Fenton As Seller's Rep
984 Alpine Drive
$33,000,000
$5,023/SF
Building Size
6,569 SF
Asset Type
Single Family
Closing
Dec 23, 2024
AI
The property involved in this transaction is a single-family home located at 984 Alpine Drive in Beverly Hills. The asset sits on 0.56 acres and encompasses 6,569 square feet. It was sold for $33 million, achieving a price per square foot of $5,024.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $33,000,000
- Address: 984 Alpine Drive
- Market: Beverly Hills
- Acres: 0.56
- Square Footage: 6,569
- Price Per Square Foot: $5,024
- Seller: Sue Gross
- Buyer's Representatives: Bennett Hirsch & Nick Sandler - The Agency
- Seller's Representative: Drew Fenton - Carolwood Estates
Sue Gross sold her Beverly Hills home after extensive renovations. The property was purchased by Gross for $20 million in 2018 and became the third priciest on-market deal in Beverly Hills this year.
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
0.48%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93