Updated Oct 2, 2024
Frank Binder Acquires $30M Single Family Home On Electra Court In Hollywood Hills
1 Electra Court, Central LA, Los Angeles, CA, USA
$30,000,000
$3,259/SF
Building Size
9,204 SF
Asset Type
Single Family Residence
Closing
Nov 26, 2018
About this deal
AI
The asset involved in this transaction is a single-family property located at 1 Electra Court in Hollywood Hills. The property encompasses a total area of 9,204 square feet, with a sale price of $30,000,000, resulting in a price per square foot of $3,259.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $30,000,000
- Address: 1 Electra Court
- Market: Hollywood Hills
- Square Footage: 9,204
- Price per Square Foot: $3,259
- Buyer: Frank Binder
Frank Binder is noted as the buyer in this transaction, while Alexandra Schuck represents him as the broker for this deal. Frank Binder and Alexandra Schuck were involved in the successful closure of this property transaction.
Players
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $3.3K per square foot on a published $30M for 9,204 square feet (2018).
Browse California single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.53%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93