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Beverly Hills, CA, USA

Russ Weiner Sells Beverly Hills SFR For $29.5M
SOLDSingle Family

Russ Weiner Sells Beverly Hills SFR For $29.5M

Beverly Hills, CA, USA

$29,500,000

$2,436/SF

Building Size

12,108 SF

Asset Type

Single Family

Closing

Aug 23, 2021

AI

Russ Weiner, the founder of Rockstar Energy Drink, has sold his Beverly Hills property for a staggering price of $29,500,000. This single-family residence boasts a sprawling 12,108 square feet, with a price per square foot of $2,436. The property, located in the upscale market of Beverly Hills, offers luxurious features and an enviable address.

Summary of transaction details

  • Property Type: Single-Family Residence
  • Transaction Amount: $29,500,000
  • Market: Beverly Hills

Handling the sale was a team of reputable brokers. Katelyn Byrd from Coldwell Banker Realty and Peter Zimble & Dan Beder of the Beder/Zimble Group from Sotheby's International Realty represented the seller in this high-profile transaction. Their expertise and connections in the industry contributed to the successful sale of this prestigious property.

Players

Peter Zimble

Carolwood Estates

Broker

$42.5M

vol

2 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

0.54%

Cash-on-Cash

-0.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93