Updated Dec 4, 2024
Emaar North America Sells Condo At 1200 Club View Drive For $23.5M With Brokers Ensani Fridman And Jones
1200 Club View Drive
$23,500,000
$2,946/SF
Building Size
7,976 SF
Asset Type
Condo
Closing
Nov 27, 2024
About this deal
AI
A penthouse located at 1200 Club View Drive PH 22 in Los Angeles was sold for $23,500,000. This condo spans 7,976 square feet, resulting in a price per square foot of $2,946.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $23,500,000
- Square Footage: 7,976
- Address: 1200 Club View Drive PH 22
- Market: Los Angeles
- Seller: Emaar North America
- Buyer's Representative: Carolwood Estates
- Seller's Representatives: Amir Ensani & Tomer Fridman - Christie's International Real Estate; Sally Forster Jones - Compass
- Price per Square Foot: $2,946
- Notable Tax: $1.3M Measure ULA property tax
The transaction was led by sellers Amir Ensani and Tomer Fridman from Christie's International Real Estate, along with Sally Forster Jones from Compass. The buyer’s representative secured the unit featuring expansive views of the city and ocean, marking a significant sale in the luxury condo market of Los Angeles for the year 2024.
On the Map
$23,500,000
$2,946/SF
Condo
View full map
Players
Los Angeles Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
Loading comparables…
Deal FAQ
About $2.9K per square foot on a published $23.5M for 7,976 square feet (2024).
Visit Tomer Fridman to view all their deals.
Browse Los Angeles condo sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.68%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93