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Beverly Hills Post Office

Henry Winterstern Sells Beverly Hills Single Family Property For $47.5M With Buyer's Rep Fred Bernstein & Ethan Peskowitz And Seller's Rep Kurt Rappaport
SOLDSingle Family Residence

Henry Winterstern Sells Beverly Hills Single Family Property For $47.5M With Buyer's Rep Fred Bernstein & Ethan Peskowitz And Seller's Rep Kurt Rappaport

Beverly Hills Post Office

$47,500,000

Building Size

Asset Type

Single Family Residence

Closing

Mar 31, 2023

AI

The property at 1426 Summitridge Drive in Beverly Hills has been sold. The single-family home was sold by Henry Winterstern for a total of $47,500,000.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $47,500,000
  • Address: 1426 Summitridge Drive
  • Market: Beverly Hills

Representing the buyer in this transaction were Fred Bernstein and Ethan Peskowitz from Westside Estate Agency. On the seller's side, Kurt Rappaport, also from Westside Estate Agency, handled the deal.

Players

Kurt Rappaport

Westside Estate Agency

Broker

$2.1B

vol

58 deals

Broker

Beverly Hills Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.33%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93