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Jeremy Jez San Acquires Bel Air Single Family Home From Alex Khadavi For $45.8M
SOLD
$45,800,000
California
See Similar DealsSingle Family21,000 SF
Sold 12/13/2022
SOLD
Jeremy Jez San Acquires Bel Air Single Family Home From Alex Khadavi For $45.8M
Single Family21,000 SF
Sold 12/13/2022
Summary
Asset Type:Single Family
Price Per Square Foot:$2,181
Total Square Footage:21,000 SF
Transaction Type:Sale
The single-family property at 777 Sarbonne Rd in Bel Air has been sold for a price of $45,800,000. The property covers an area of approximately 1.16 acres and offers a total of 21,000 square feet of living space. The sale price per square foot comes to $2,181.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $45,800,000
- Address: 777 Sarbonne Rd
- Market: Bel Air
- Area: 1.16 acres
Jeremy "Jez" San is the buyer of the property, while Alex Khadavi is the seller. Both parties have agreed on the sale, making this a successful transaction.
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$2,442,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$162,717.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$217,115.37
Annual Debt Service$2,605,384.39
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