J Miller Acquires Westwood Condo On Wilshire Blvd For $10.3M
10580 Wilshire Blvd, Century City, Los Angeles, CA, USA
$10,300,000
$2,240/SF
Building Size
4,597 SF
Asset Type
—
Closing
Jun 8, 2020
AI
A penthouse condominium located at 10580 Wilshire Blvd, Penthouse 26SE in Westwood, Century City was recently sold. The property, spanning 4,597 square feet, was purchased for a sale price of $10,300,000. The condo features a spacious layout, offering luxury living in a prime location. The transaction took place on June 8, 2021.
Summary of transaction details
- Property Type: Condo
- Sale Price: $10,300,000
- Square Footage: 4,597
- Address: 10580 Wilshire Blvd, Penthouse 26SE
- Market: Westwood, Century City
The buyer, J Miller, acquired this lavish penthouse unit. Represented by Alan Long from Sothebys, J Miller made the purchase through a well-reputed agency. R Schwab, the seller, entrusted the transaction to Steven Gelber, Karen Kaminskas, and Zach Goldsmith. Steven Gelber and Karen Kaminskas represented the seller through Westside Realty Partners, while Zach Goldsmith represented the seller through Hilton & Hyland.
Players
Los Angeles 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
1.54%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93