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Brentwood, CA, USA

Jeffrey Feinberg Acquires $44M Brentwood SFR From Seller @Ramtin_Ray_Nosrati
SOLDSingle Family

Jeffrey Feinberg Acquires $44M Brentwood SFR From Seller @Ramtin_Ray_Nosrati

Brentwood, CA, USA

$44,000,000

$801/SF

Building Size

54,885 SF

Asset Type

Single Family

Closing

Jun 4, 2021

AI

The recently sold property in Brentwood has garnered attention due to its impressive features and spaciousness. The single-family residence boasts a massive land size of 1.2 acres, providing ample space for various activities. With a staggering square footage of 54,885, the property offers a truly expansive living space.

Summary of Transation Details

  • Property Type: Single-Family Residence (SFR)
  • Transaction Amount: $44,000,000
  • Market: Brentwood

In this notable transaction, the buyer is Jeffrey Feinberg, while the seller is Ramtin Ray Nosrati, who has left their mark on the property. The deal was facilitated by distinguished brokers Shauna Walters and Sally Forster Jones from SFJ Group at Compass, as well as Matt and Josh Altman from The Altman Brothers at Douglas Elliman. Additionally, Branden and Rayni Williams from Williams & Williams at The Beverly Hills Estates contributed to the successful sale.

One unique aspect of the property is the incorporation of a Kobe Bryant themed basketball half-court, paying homage to the legendary basketball player. It also features a well-equipped gym, indoor and outdoor pools, a luxurious spa, and a three-hole putting green for entertainment and relaxation purposes. Other notable amenities include a guest house, an automobile showroom, a barbershop, a movie theater, and a 1,000-gallon aquarium, adding to the property's charm and exclusivity.

Notably, the property also encompasses a rooftop garden capable of growing cannabis, which will be repurposed to cultivate regular vegetables before the buyer moves in. This eco-conscious feature showcases the property's adaptability and commitment to sustainable living.

Players

Matthew Altman

Douglas Elliman

Broker

$512.6M

vol

34 deals

Broker

Brentwood 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

0.36%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93