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Beverly Hills, CA, USA

Will Arnett Sells Beverly Hills SFR For $7.85M With Richard Ehrlich, Jay Luchs, And Steven Schaefer As Brokers
SOLDSingle Family

Will Arnett Sells Beverly Hills SFR For $7.85M With Richard Ehrlich, Jay Luchs, And Steven Schaefer As Brokers

Beverly Hills, CA, USA

$7,850,000

Building Size

Asset Type

Single Family

Closing

May 28, 2021

AI

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

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.

Players

Jay Luchs

Newmark

Broker

$2B

vol

43 deals

Broker

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

2.02%

Cash-on-Cash

-0.58%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93