Jeffrey Katzenberg Sells Beverly Hills SFR For $125M With Kurt Rappaport - Westside Estate Agency
$125,000,000
Building Size
—
Asset Type
—
Closing
Aug 11, 2020
About this deal
AI
A single-family residential property in Beverly Hills has been sold for $125,000,000. The property spans over 26,000 square feet, resulting in a price per square foot of $4,807. The transaction took place on August 12, 2020.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $125,000,000
- Square Footage: 26,000
- Price per Square Foot: $4,807
Jeffrey Katzenberg and Marilyn Katzenberg, the sellers of the property, enlisted the services of Kurt Rappaport from Westside Estate Agency as their broker. Rappaport played a pivotal role in facilitating the sale on behalf of the Katzenbergs.
Players
Market CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.13%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93