Updated Mar 11, 2025
Jennifer Lopez's Fulcrum Urban Asset LLC Facilitates $18.85M Construction Loan On Hollywood Hills Property
2275 Sunset Plaza Drive, Los Angeles, California 90069, United States
$18,850,000
$1,096/SF
Building Size
17,191 SF
Asset Type
Single Family Residence
Closing
Apr 13, 2022
About this deal
AI
A construction loan in the amount of $18,850,000 has been secured for a single-family residential property located at 2275 Sunset Plaza Drive in Hollywood Hills. The property spans approximately 17,191 square feet. The loan was provided by Parkview Financial and Paul Rahimian.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $18,850,000
- Address: 2275 Sunset Plaza Drive
- Market: Hollywood Hills
- Lender: Parkview Financial (Paul Rahimian)
- Landlords: Scott Davalos, Art Golestian, and Mariam Aslanyan
- Broker: Jennifer Lopez (AMG) - Fulcrum Urban Asset LLC
Jennifer Lopez of AMG, representing Fulcrum Urban Asset LLC, assisted in brokering the loan for this property.
Players
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.84%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93