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Sue Gross Sells Beverly Hills Home At 984 Alpine Drive For $33 Million With Drew Fenton As Seller's Rep

Property Image
SOLD
$33,000,000
Nick Sandler
Bennett Hirsch
Drew Fenton

California

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Single Family6,569 SF
Sold 12/23/2024
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Property Image
SOLD

Sue Gross Sells Beverly Hills Home At 984 Alpine Drive For $33 Million With Drew Fenton As Seller's Rep

984 Alpine Drive

See Similar Deals
Single Family6,569 SF
Sold 12/23/2024
Nick Sandler
Bennett Hirsch
Drew Fenton
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Single Family
Price Per Square Foot:$5,023
Total Square Footage:6,569 SF
Transaction Type:Sale

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:

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

Drew Fenton
Carolwood Estates
Drew Fenton
36 deals$1.3B volume
BROKER
Bennett Hirsch
The Agency
Bennett Hirsch
5 deals$47.9M volume
BROKER
Nick Sandler
The Agency
Nick Sandler
4 deals$45.1M volume
BROKER

Details

SOLD
IMAGE: Sue Gross, Bennett Hirsch, Nick Sandler & Drew Fenton DATE: 12/23/2024 ADDRESS: 984 Alpine Drive MARKET: Beverly Hills ASSET TYPE: Single Family ~ ACRES: 0.56 SELLER: Sue Gross BUYER'S REP: Bennett Hirsch (@__.Bennett) & Nick Sandler (@NickSandler1) - The Agency (@TheAgencyRE) SELLER'S REP: Drew Fenton (@Drew.Fenton) - Carolwood Estates (@CarolwoodRealEstate) SALE PRICE: $33,000,000 SF: 6,569 ~ PPSF: $5,024 NOTE: Sue Gross sold her Beverly Hills home at 984 North Alpine Drive for $33 million, setting a record price per square foot of $5,024. The 6,569-square-foot property, purchased by Gross for $20 million in 2018, was sold after extensive renovations and became the third priciest on-market deal in Beverly Hills this year.

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

$1,759,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$117,242.04
Cash-on-Cash Return-1.27%
Monthly Debt Service$156,436.84
Annual Debt Service$1,877,242.03