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1200 Club View Drive

Emaar North America Sells Condo At 1200 Club View Drive For $23.5M With Brokers Ensani Fridman And Jones
SOLDCondo

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

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:

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.

Players

Sally Forster Jones

Compass

Broker

$556.6M

vol

32 deals

Broker
Carolwood Estates
Carolwood EstatesBrokerage

Los Angeles Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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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