Updated Sep 5, 2024
Nightfall Realty Leases SFR In Hollywood Hills To David Fields
Hollywood Hills, Los Angeles, California, United States
$130,000
$130,000/SF
Building Size
13,820 SF
Asset Type
Single Family Residence
Closing
Apr 5, 2022
About this deal
AI
A single-family home in Hollywood Hills has been leased to tenant David Fields in a deal brokered by Nightfall Realty. The property, represented by Sherel Levi, Danny Dangoor, and Luke Anderson, offers a total square footage of 13,820. The asking rent for the lease is approximately $130,000 per square foot.
Summary of transaction details
- Property Type: Single Family Home
- Transaction Amount: Not Applicable (Lease)
The lease agreement for the property was facilitated by Nightfall Realty, with David Fields as the tenant. The deal was finalized with the assistance of Nightfall Realty's representative, Sherel Levi, Danny Dangoor, and Luke Anderson. The lease terms were negotiated, resulting in an asking rent of approximately $130,000 per square foot for the 13,820-square-foot property in Hollywood Hills.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
122.02%
Cash-on-Cash
-34.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93