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Beverly Hills, California, ...

Byron Allen Acquires Beverly Hills SFR From Jeff Skoll For $32M
SOLDSingle Family

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

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

Ethan Peskowitz

Westside Estate Agency

Broker

$165.6M

vol

6 deals

Broker

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