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James Murdoch Buys Historic...

James Murdoch Buys Historic Beverly Hills Mansion From Rupert Murdoch For $30M
SOLDSingle Family

James Murdoch Buys Historic Beverly Hills Mansion From Rupert Murdoch For $30M

$30,000,000

$3,467/SF

Building Size

8,651 SF

Asset Type

Single Family

Closing

Mar 3, 2024

AI

The luxurious Beverly Hills property, spanning 3.3 acres, was recently sold in an off-market transaction for $30 million. The historic mansion, constructed in 1926 by architect Wallace Neff, features 11 bedrooms and nine bathrooms, with strong Hollywood ties.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $30,000,000
  • Square Footage: 8,651
  • Price Per Square Foot: $3,468
  • Market: Beverly Hills

Media mogul Rupert Murdoch sold the property to his youngest son, James Murdoch, in this noteworthy transaction. The sale adds an interesting dimension to the Murdoch family's business and real estate ventures.

Players

Market 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

0.53%

Cash-on-Cash

-0.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93