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Beverly Hills, CA, USA

David Zander Acquires SFR In Beverly Hills From Todd Phillips For $30.7M
SOLDSingle Family

David Zander Acquires SFR In Beverly Hills From Todd Phillips For $30.7M

Beverly Hills, CA, USA

$30,700,000

$1,692/SF

Building Size

18,138 SF

Asset Type

Single Family

Closing

Sep 1, 2021

AI

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.

Players

Drew Fenton

Carolwood Estates

Broker

$1.3B

vol

36 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

0.52%

Cash-on-Cash

-0.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93