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Coldwell Banker Realty & So...

Coldwell Banker Realty Represents Buyer In $52M Sale Of Single Family Residence In Beverly Hills
SOLDSingle Family

Coldwell Banker Realty Represents Buyer In $52M Sale Of Single Family Residence In Beverly Hills

$52,000,000

$1,814/SF

Building Size

28,660 SF

Asset Type

Single Family

Closing

Feb 17, 2023

AI

A single-family property located in Beverly Hills has been sold for a staggering price of $52,000,000. This expansive property spans over 9.87 acres of land, offering plenty of room for privacy and tranquility. With a total square footage of 28,660, this residence guarantees ample space for comfortable living. The average price per square foot comes out to $1,814, reflecting the luxurious nature of this transaction.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $52,000,000
  • Location: Beverly Hills
  • Property Size: 9.87 acres

Jade Mills from Coldwell Banker Realty acted as the buyer's representative in this notable deal, ensuring the buyer's interests were protected throughout the transaction. On the other side, Richard Klug represented the seller's interests as a representative of Sotheby's International Realty. These seasoned professionals played instrumental roles in the successful completion of the sale.

Players

Jade Mills

Coldwell Banker

Broker

$683.2M

vol

21 deals

Broker

Market Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.31%

Cash-on-Cash

-0.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93