Updated Oct 29, 2024
Bobby Flay Acquires SFR In Beverly Hills For $7.6M
Beverly Hills, CA, USA
$7,600,000
$1,318/SF
Building Size
5,764 SF
Asset Type
Single Family
Closing
Feb 9, 2021
About this deal
AI
A single-family residence in the Beverly Hills market has been sold for $7,600,000. The property, with a total square footage of 5,764, is located on a spacious lot measuring 19,000 square feet. The price per square foot for this transaction is estimated at $1,318.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $7,600,000
- Market: Beverly Hills
- Buyer: Bobby Flay
- Seller: Michael Martin & Arya Martin
- Broker: Tomer Fridman - Hilton & Hyland
The buyer of the property is celebrity chef Bobby Flay, while the sellers are Michael Martin and Arya Martin, represented by OSKLO.LA. The transaction was facilitated by real estate agent Tomer Fridman of Hilton & Hyland.
Players
Beverly Hills Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $1.3K per square foot on a published $7.6M for 5,764 square feet (2021).
Visit Tomer Fridman to view all their deals.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.09%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93