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Mara Brock Akil & Salim Akil Acquire Hancock Park SFR For $13.8M

Property Image
SOLD
$13,800,000
Viktor Aaberg
Brett Lawyer
+ 4

California

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MultiFamily9,670 SF
Sold
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Property Image
SOLD

Mara Brock Akil & Salim Akil Acquire Hancock Park SFR For $13.8M

Hancock Park, Los Angeles, CA, USA

See Similar Deals
MultiFamily9,670 SF
Sold
Viktor Aaberg
Brett Lawyer
+ 4
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$1427
Total Square Footage:9670 SF
Transaction Type:Sale

A single-family residence (SFR) located in Hancock Park has recently been sold for a total of $13,800,000. The property spans approximately 9,670 square feet, resulting in a price per square foot (PPSF) of $1,427. The sale of this property took place on July 20, 2021.

Summary of transaction details

The buyer of the property is Mara Brock Akil and Salim Akil, while the sellers are Lorenzo Boccetta and Kaya Boucetta. The transaction was facilitated by brokers Viktor Aaberg and Fredrik Eklund from the Eklund/Gomes Team at Douglas Elliman, along with Stephen Sweeney from Oak Brook Realty. These individuals and companies played key roles in the successful completion of the deal.

Players

Fredrik Eklund
24 deals$724.3M volume
BROKER

Stephen Sweeney
The Beverly Hills Estates
8 deals$68.1M volume
BROKER

Jonah Wilson
Carolwood Estates
12 deals$174.3M volume
BROKER

Jenna Cooper
Compass
7 deals$176.9M volume
BROKER

Brett Lawyer
Carolwood Estates
14 deals$224.8M volume
BROKER

Viktor Aaberg
Douglas Elliman
1 deal$13.8M volume
BROKER

Pete Buonocore
Keller Williams Realty
2 deals$17.3M volume
BROKER

Hilton & Hyland
BROKERAGE

Details

SOLD
IMAGE: Fredrik Eklund, Mara Brock Akil, Salim Akil & Viktor Aaberg DATE: 07/20/2021 MARKET: Hancock Park ASSET TYPE: SFR BUYER: Mara Brock Akil & Salim Akil SELLER: Lorenzo Boccetta & Kaya Boucetta BROKERS: Viktor Aaberg & Fredrik Eklund (Eklund/Gomes Team) - Douglas Elliman; Stephen Sweeney - Oak Brook Realty SALE PRICE: $13,800,000 SF: 9,670 ~ PPSF: $1,427

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$736,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$49,028.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$65,419.04
Annual Debt Service$785,028.49