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Kathy Griffin sells Bel Air...

Lilly Ghalichi Acquires Bel Air SFR From Kathy Griffin For $14M
SOLDSingle Family

Lilly Ghalichi Acquires Bel Air SFR From Kathy Griffin For $14M

$14,000,000

$1,046/SF

Building Size

13,377 SF

Asset Type

Single Family

Closing

Dec 6, 2020

AI

Lilly Ghalichi has purchased a Single Family Residence (SFR) in Bel Air for $14,000,000. The property spans 13,377 square feet, resulting in a price per square foot of $1,046. The transaction took place on December 6, 2020.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $14,000,000
  • Square Footage: 13,377
  • Price Per Square Foot: $1,046
  • Market: Bel Air

The sale was facilitated by broker David Kramer of Hilton & Hyland. Lilly Ghalichi was represented by her broker, David Kramer. Kathy Griffin, the former owner, sold the property. The listing brokers for this transaction were Matt Altman and Josh Altman.

Players

Matthew Altman

Douglas Elliman

Broker

$512.6M

vol

34 deals

Broker

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

1.13%

Cash-on-Cash

-0.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93