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10693 Chalon Road

Hideki Tomita Acquires $85M Bel-Air Single Family Home From Ellen Bronfman Hauptman And Andrew Hauptman
SOLDSingle Family Residence

Hideki Tomita Acquires $85M Bel-Air Single Family Home From Ellen Bronfman Hauptman And Andrew Hauptman

10693 Chalon Road

$85,000,000

$12,878/SF

Building Size

6,600 SF

Asset Type

Single Family Residence

Closing

Sep 4, 2018

AI

The property involved in this transaction is located at 10693 Chalon Road in Los Angeles, in the Bel-Air market. It is a single-family home with a main house spanning 19,000 square feet and a guest house measuring 6,600 square feet.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $85,000,000
  • Square Footage: 19,000 SF (main house) and 6,600 SF (guest house)
  • Price per Square Foot: $4,473
  • Seller: Ellen Bronfman Hauptman and her husband Andrew Hauptman
  • Buyer: Hideki Tomita

Ellen Bronfman Hauptman and her husband Andrew Hauptman are the sellers of this property, while Hideki Tomita is the buyer. It is worth noting that Ellen Bronfman Hauptman is the granddaughter of Canadian mogul Samuel Bronfman, who built up the Seagram Company over the first half of the 20th century. On the other hand, Hideki Tomita is the founder of DIP Corp, a job search and recruitment company based in Japan that went public in 2004 and was valued at $1.2 billion with $306 million in sales and approximately 1,100 employees last year, according to Forbes.

Players

Ellen Bronfman Hauptman

Seller

$109.5M

vol

2 deals

Seller

Los Angeles Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.19%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93