Will Arnett Sells Beverly Hills SFR For $7.85M With Richard Ehrlich, Jay Luchs, And Steven Schaefer As Brokers
SOLD
California
See Similar DealsSingle Family
Sold 05/28/2021
SOLD
Will Arnett Sells Beverly Hills SFR For $7.85M With Richard Ehrlich, Jay Luchs, And Steven Schaefer As Brokers
Beverly Hills, CA, USA
See Similar DealsSingle Family
Sold 05/28/2021
Summary
CALIFORNIA
Asset Type:Single Family
Transaction Type:Sale
Located in Beverly Hills, this single-family residence (SFR) has recently been sold for a notable price of $7,850,000. The property was sold by actor Will Arnett.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $7,850,000
- Seller: Will Arnett
- Brokers: Richard Ehrlich - Westside Estate Agency; Jay Luchs & Steven Schaefer - Schaefer & Luchs Team - Newmark Residential
The sale of this property in Beverly Hills highlights the involvement of key individuals and companies. The deal was overseen by Richard Ehrlich from Westside Estate Agency, alongside Jay Luchs and Steven Schaefer from the Schaefer & Luchs Team at Newmark Residential.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$418,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$27,889.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$37,213.00
Annual Debt Service$446,556.06
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