Updated Oct 29, 2024
Lee Daniels Sells Beverly Hills Single Family Home For $5.8M With Seller's Rep David Parnes & James Harris
$5,800,000
$1,105/SF
Building Size
5,245 SF
Asset Type
Single Family
Closing
Mar 7, 2023
About this deal
AI
Lee Daniels, the Hollywood Director, has sold his property in Beverly Hills for $5,800,000. The single-family home, located on approximately 0.82 acres, offers a spacious living space of 5,245 square feet. The sale price translates to a price per square foot of $1,106. The transaction took place on 03/07/2023.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $5,800,000
- Market: Beverly Hills
- Property Size: 0.82 acres
- Square Footage: 5,245
Compass representatives Stephen Chetelat and Jackie Smith acted as the buyer's agents during the transaction. On the seller's side, David Parnes and James Harris, from The Agency, represented Lee Daniels. This real estate deal showcases the collaboration between industry professionals to facilitate the successful sale of the property.
Players
Market Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
Loading comparables…
Deal FAQ
About $1.1K per square foot on a published $5.8M for 5,245 square feet (2023).
Visit David Parnes to view all their deals.
Browse this market single family sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.73%
Cash-on-Cash
-0.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93