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Dean Martin sells Beverly H...

Zad Mountain LLC Acquires Single Family Home In Beverly Hills For $40M
SOLDSingle Family

Zad Mountain LLC Acquires Single Family Home In Beverly Hills For $40M

$40,000,000

$1,454/SF

Building Size

27,500 SF

Asset Type

Single Family

Closing

Dec 21, 2022

AI

A single-family property located in Beverly Hills, with an image of Dean Martin, has been sold for a staggering amount of $40,000,000. The property spans over an impressive 27,500 square feet, resulting in a price per square foot of $1,455.

Summary of Transaction Details

  • Property Type: Single Family
  • Transaction Amount: $40,000,000
  • Market: Beverly Hills
  • Image: Dean Martin

Zad Mountain LLC, represented by Shirin Akhtarzad from Lenton Properties, emerged as the buyer in this notable acquisition. On the other side, the seller was represented by Drew Fenton of Carolwood. These individuals and agencies played vital roles in facilitating the transaction.

Players

Drew Fenton

Carolwood Estates

Broker

$1.3B

vol

36 deals

Broker

Market Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.40%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93