Byron Allen Acquires Beverly Hills SFR From Jeff Skoll For $32M
Beverly Hills, California, United States
$32,000,000
$3,036/SF
Building Size
10,538 SF
Asset Type
Single Family
Closing
Mar 25, 2022
AI
Located in Beverly Hills, this impressive Single Family Residence sits on a spacious 1.5-acre lot. With a total area of 10,538 square feet, the property boasts ample space for comfortable living. The sale, which took place on March 25, 2022, involved prominent figures in the entertainment industry.
Summary of transaction details
- Property Type: Single Family Residence
- Transaction Amount: $32,000,000
- Market: Beverly Hills
- Buyer: Byron Allen
- Seller: Jeff Skoll
- Brokers: Fred Bernstein & Ethan Peskowitz - Westside Estate Agency
- Size: 10,538 square feet
- Price per Square Foot: $3,036
Byron Allen, well-known in the entertainment industry, emerged as the buyer in this transaction. On the other side, Jeff Skoll, another prominent figure, sold the property. The deal was facilitated by Fred Bernstein and Ethan Peskowitz from Westside Estate Agency, who represented the respective parties. The high sale price reflects the desirability and value of this property in the Beverly Hills market.
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
0.50%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93