Lilly Ghalichi Acquires Bel Air SFR From Kathy Griffin For $14M
SOLD
$14,000,000
+ 1
California
See Similar DealsSingle Family13,377 SF
Sold 12/06/2020
SOLD
Lilly Ghalichi Acquires Bel Air SFR From Kathy Griffin For $14M
Single Family13,377 SF
Sold 12/06/2020
+ 1
Summary
Asset Type:Single Family
Price Per Square Foot:$1,046
Total Square Footage:13,377 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$746,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$49,739.05
Cash-on-Cash Return-1.27%
Monthly Debt Service$66,367.14
Annual Debt Service$796,405.71
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