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Hollywood Hills, Los Angele...

Nightfall Realty Leases SFR In Hollywood Hills To David Fields
LEASEDSingle Family Residence

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

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

Danny Dangoor

Nightfall Realty

Broker

$17.4M

vol

6 deals

Broker

Los Angeles Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Lease transactions

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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