Buyer Acquires Penthouse At Four Seasons Private Residences Los Angeles For $15 Million From Seller Jonathan Genton
9000 West Third Street
$15,000,000
$1,153/SF
Building Size
13,000 SF
Asset Type
Condo
Closing
Feb 14, 2025
AI
The property involved in this transaction is a condo located at 9000 West Third Street in Los Angeles, featuring a sale price of $15,000,000. The asset encompasses a total square footage of approximately 13,000, resulting in a price per square foot of $1,154.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $15,000,000
- Location: 9000 West Third Street, Los Angeles
- Square Footage: 13,000
- Price Per Square Foot: $1,154
- Seller: Jonathan Genton - Genton Development Company
- Buyer's Representative: Santiago Arana - The Agency
- Seller's Representatives: Billy Rose, Farrah Brittany, Joshua Sayle Myler - The Agency
This transaction highlights the involvement of Jonathan Genton, representing Genton Development Company as the seller. The buyer was represented by Santiago Arana of The Agency, while the seller was supported by The Agency’s team consisting of Billy Rose, Farrah Brittany, and Joshua Sayle Myler.
Players
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
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93