David Zander Acquires SFR In Beverly Hills From Todd Phillips For $30.7M
SOLD
$30,700,000
+ 3
California
See Similar DealsSingle Family18,138 SF
Sold 09/01/2021
SOLD
David Zander Acquires SFR In Beverly Hills From Todd Phillips For $30.7M
Beverly Hills, CA, USA
See Similar DealsSingle Family18,138 SF
Sold 09/01/2021
+ 3
Summary
CALIFORNIA
Asset Type:Single Family
Price Per Square Foot:$1,692
Total Square Footage:18,138 SF
Transaction Type:Sale
Todd Phillips, the renowned filmmaker behind movies such as "Joker" and "The Hangover," has sold his Beverly Hills property for a staggering $30,700,000. The property, a Single-Family Home, is located in the coveted Beverly Hills neighborhood, known for its luxurious properties and affluent residents.
Summary of transation details
- Property Type: Single-Family Home
- Transaction Amount: $30,700,000
The buyer of this prestigious property is David Zander, whose acquisition adds another remarkable asset to his portfolio. Representing the sellers in this transaction were a team of top-tier real estate brokers. Jade Mills from Coldwell Banker Realty, Branden Williams and Rayni Williams from The Beverly Hills Estates, and Drew Fenton from Hilton & Hyland played crucial roles in facilitating this deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,637,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$109,070.62
Cash-on-Cash Return-1.27%
Monthly Debt Service$145,533.66
Annual Debt Service$1,746,403.95
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