Kurt Rappaport Of Westside Estate Agency Represents Seller In $24 Million Beverly Hills Estate Sale
703 North Arden Drive
$24,000,000
$2,344/SF
Building Size
10,235 SF
Asset Type
Single Family
Closing
Jun 4, 2026
AI
A Beverly Hills estate was sold at 703 North Arden Drive for $24 million. The property covers 10,235 square feet and sits on 0.53 acres. The price per square foot for this transaction was $2,345. This sale occurred in an all-cash deal at the full asking price within hours of being listed.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $24,000,000
- Address: 703 North Arden Drive
- Market: Beverly Hills, CA
- Broker: Kurt Rappaport - Westside Estate Agency
- Sale Date: 06/04/2026
- Acres: 0.53
- Square Footage: 10,235
- Price per Square Foot: $2,345
The seller-selected broker for this transaction was Kurt Rappaport, who quickly secured an immediate offer from a world-renowned artist. The sellers chose Rappaport through TrueParity, a service that utilized AI and transaction-performance data to identify top agents and facilitated a competitive selection process.
Beverly Hills 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
0.66%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93