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Bill & Maria Bell buy Bever...

Comcast CEO Brian Roberts Sells 1960s Beverly Hills Home To Art Collectors Bill & Maria Bell For $20.1M
SOLDSingle Family Residence

Comcast CEO Brian Roberts Sells 1960s Beverly Hills Home To Art Collectors Bill & Maria Bell For $20.1M

$20,100,000

$5,025/SF

Building Size

4,000 SF

Asset Type

Single Family Residence

Closing

Aug 17, 2023

AI

Aileen Roberts and Brian Roberts, the CEO of Comcast, have sold their restored Beverly Hills home in an off-market deal. The property, which was designed by architect John Elgin Woolf in the 1960s, spans 4,000 square feet. The art collectors, Bill and Maria Bell, purchased the property for a sale price of $20.1 million. This comes after the Roberts acquired the house in 2016 for $11 million.

Summary of transaction details

  • Property Type: Single-Family Residence (SFR)
  • Transaction Amount: $20,100,000
  • Square Footage: 4,000
  • Price Per Square Foot (PPSF): $5,025
  • Market: Beverly Hills

Kurt Rappaport of Westside Estate Agency represented the buyers, Bill and Maria Bell, while Judy Feder of The Beverly Hills Estates acted as the seller's representative. It is notable that the property was sold through an off-market deal, meaning it was not listed publicly for sale. The transaction demonstrates the appeal of the property to art collectors and the significant increase in value since the Roberts' purchase in 2016.

Players

Kurt Rappaport

Westside Estate Agency

Broker

$2.1B

vol

58 deals

Broker

Brian Roberts

Comcast

Seller

$34.6M

vol

3 deals

Seller

Market 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

0.79%

Cash-on-Cash

-0.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93