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10697 Somma Way, Los Angele...

Emil Khodorkovsky's Forbix Capital Acquires Bel Air Mansion From David Sackler For $17M
SOLDSingle Family Residence

Emil Khodorkovsky's Forbix Capital Acquires Bel Air Mansion From David Sackler For $17M

10697 Somma Way, Los Angeles, CA 90077

$17,000,000

$1,743/SF

Building Size

9,753 SF

Asset Type

Single Family Residence

Closing

Aug 1, 2023

AI

Emil Khodorkovsky, CEO of Forbix Capital, has recently acquired a stunning property in Bel Air, Los Angeles. The property, located at 10697 Somma Way, spans across an expansive 3.98 acres.

Summary of transaction details

  • Property Type: Single-Family Residence
  • Transaction Amount: $17,000,000
  • Square Footage: 9,753 sq ft
  • Price per Square Foot: $1,743
  • Buyer: Emil Khodorkovsky - Forbix Capital
  • Seller: David Sackler

David Sackler, renowned for his affiliation with the Purdue Pharma family, sold the estate for $17 million, marking a 24% decrease from his purchase price in 2018. The property features luxurious amenities such as a gym, tennis court, and a refreshing pool.

Players

Emil Khodorkovsky

Buyer

$25M

vol

2 deals

Buyer

David Sackler

Seller

$66.4M

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

0.93%

Cash-on-Cash

-0.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93