Russell Westbrook Sells Brentwood Single Family Home To Ben Belldegrun For $25M
SOLD
Louisiana
See Similar DealsSingle Family13,425 SF
Sold 12/08/2020
Summary
LOUISIANA
Asset Type:Single Family
Price Per Square Foot:$1,862
Total Square Footage:13,425 SF
Transaction Type:Sale
Russell Westbrook has sold his property located in Brentwood, Los Angeles, CA. The single-family home spans across 0.5 acres of land.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $25,000,000
- Square Footage: 13,425 SF
- Price per Square Foot: $1,862
The buyer of this property is Ben Belldegrun. The seller, on the other hand, is Russell Westbrook. Ben Belldegrun was represented by Santiago Arana and Laura Finley from The Agency. Bjorn Farrugia from Carolwood Estates and Donnell Beverly Jr. from Berkshire Hathaway HSCP acted as the seller's representatives in this deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,333,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$88,819.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$118,512.75
Annual Debt Service$1,422,153.05
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