Sofia Richie & Elliot Grainge Purchase Beverly Hills Post Office SFR For $17M
Post Office, Beverly Hills, CA, USA
$17,000,000
$2,118/SF
Building Size
8,023 SF
Asset Type
Single Family
Closing
Aug 18, 2021
AI
The property involved in this transaction is a single-family residence (SFR) located in the Beverly Hills Post Office area. The sale took place on 08/18/2021 and was captured in an Instagram post by @Elliot & @SofiaRichie.
Summary of transaction details:
- Property Type: SFR
- Sale Price: $17,000,000
- Square Footage: 8,023 sqft
- Price per Square Foot (PPSF): $2,118
- Market: Beverly Hills Post Office
The buyers of the property are Sofia Richie and Elliot Grainge. The deal involved several brokers representing both parties. Jeff Kohl from The Agency, Ernie Carswell and Christopher Pickett from Douglas Elliman, David Findley from The Agency (@theagencyre), and Drew Fenton from Hilton & Hyland (@hiltonhyland) were all part of the transaction.
Players
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
0.93%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93