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Jonathan Krikoiran, Clark Everitt, William Everitt Sell 16-Unit Hollywood Hills Property For $10.1M

Property Image
SOLD
$10,118,888

California

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Other17,826 SF
Sold 10/30/2018
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Property Image
SOLD

Jonathan Krikoiran, Clark Everitt, William Everitt Sell 16-Unit Hollywood Hills Property For $10.1M

6900 Bonita Terrace, Los Angeles, CA, USA

See Similar Deals
Other17,826 SF
Sold 10/30/2018
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Summary

CALIFORNIA
Asset Type:Other
Price Per Square Foot:$567
Total Square Footage:17,826 SF
Transaction Type:Sale

The property at 6900 Bonita Terrace in Hollywood Hills has been sold in a closed transaction. The sale price for the property was $10,118,888. The property consists of 16 units, with a price per unit of $632,430. The total square footage of the property is 17,826, with a price per square foot of $568.

Summary of transaction details

  • Property Type: SALE
  • Transaction Amount: $10,118,888
  • Address: 6900 Bonita Terrace
  • Market: Hollywood Hills
  • Units: 16
  • Price Per Unit: $632,430
  • Square Footage: 17,826
  • Price Per Square Foot: $568
  • Brokers: Jonathan Krikorian, Clark Everitt, William Everitt

The sale of this property was facilitated by the brokers Jonathan Krikorian, Clark Everitt, and William Everitt.

Players

Clark Everitt
9 deals$72.9M volume
BROKER

William Everitt
IREA
9 deals$72.9M volume
BROKER

Jonathan Krikorian
IREA
10 deals$70.5M volume
BROKER

Details

SOLD
IMAGE: Jonathan Krikorian, Clark Everitt, William Everitt ADDRESS: 6900 Bonita Terrace MARKET: Hollywood Hills PRICE: $10,118,888 UNITS: 16 ~ PPU: $632,430 SF: 17,826 ~ PPSF: $568 BROKERS: Jonathan Krikoiran, Clark Everitt, William Everitt

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

$539,674.02

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$35,950.27
Cash-on-Cash Return-1.27%
Monthly Debt Service$47,968.69
Annual Debt Service$575,624.30