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Westside Estate Agency brok...

Jim Belushi Sells Brentwood SFR For $30M With Kurt Rappaport & Daniel Dill Of Westside Estate Agency
SOLD

Jim Belushi Sells Brentwood SFR For $30M With Kurt Rappaport & Daniel Dill Of Westside Estate Agency

$30,000,000

Building Size

Asset Type

Closing

Dec 7, 2021

AI

A single-family residence (SFR) located in Brentwood has been sold in a closed transaction. The property sits on 1.31 acres of land. The sale took place on December 7, 2021.

Summary of transaction details:

The property was sold for a substantial amount of $30,000,000. The spacious residence spans across 14,371 square feet, equating to a price per square foot of $2,087. The seller, Jim Belushi, entrusted the transaction to the brokers Kurt Rappaport and Daniel Dill from Westside Estate Agency.

Players

Kurt Rappaport

Westside Estate Agency

Broker

$2.1B

vol

58 deals

Broker

Jim Belushi

Seller

$31.9M

vol

2 deals

Seller

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

0.53%

Cash-on-Cash

-0.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93