Sue Gross Sells Single Family Asset In Beverly Hills, CA For $23.25M
$23,250,000
$4,386/SF
Building Size
5,300 SF
Asset Type
Single Family
Closing
Nov 7, 2022
AI
A single-family home in Beverly Hills, CA has been sold for $23,250,000. The property, spanning 5,300 square feet, was listed by Sue Gross. The sale was facilitated by two broker teams: Josh & Matt Altman of The Altman Brothers and Tracy Tutor of Douglas Elliman. With a price per square foot of $4,387, this property offers a prestigious investment opportunity in the highly sought-after Beverly Hills market.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $23,250,000
- Market: Beverly Hills, CA
The Altman Brothers, represented by Josh & Matt Altman, along with Tracy Tutor from Douglas Elliman, facilitated the sale of the property on behalf of Sue Gross. By leveraging their expertise in the Beverly Hills real estate market, these brokers were able to secure a successful transaction for their client. This sale showcases the trust that sellers place in the Altman Brothers and Douglas Elliman to navigate the high-end real estate market in Beverly Hills.
Players
Market Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.68%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93