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$4.1M Sale Of Hollywood Hills SFR At 1130 North Wetherly Drive With Brokers Nichole Shanfeld, Adeena Fitterman & Susan Smith

Property Image
SOLD
$4,076,000

California

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Single Family Residence3,457 SF
Sold 07/29/2020
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Property Image
SOLD

$4.1M Sale Of Hollywood Hills SFR At 1130 North Wetherly Drive With Brokers Nichole Shanfeld, Adeena Fitterman & Susan Smith

1130 North Wetherly Drive, Central LA, Los Angeles, CA, USA

See Similar Deals
Single Family Residence3,457 SF
Sold 07/29/2020
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Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,179
Total Square Footage:3,457 SF
Transaction Type:Sale

Located in Hollywood Hills, the single-family residence at 1130 North Wetherly Drive recently changed ownership. The property, spanning 3,457 square feet, was sold on July 29, 2021. The asset was listed for $3,995,000 and ultimately sold for $4,076,000, resulting in a price per square foot of $1,178.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $4,076,000
  • Address: 1130 North Wetherly Drive
  • Market: Hollywood Hills

Nichole Shanfeld, Adeena Fitterman, and Susan Smith were the brokers involved in this transaction. They facilitated the sale of the property and represented the respective parties in the deal.

Players

6 deals$28.9M volume
BROKER


Susan Smith
Carolwood Estates
9 deals$136.9M volume
BROKER

Details

SOLD
IMAGE: Nichole Shanfeld, Adeena Fitterman & Susan Smith DATE: 07/29/2021 ADDRESS: 1130 North Wetherly Drive MARKET: Hollywood Hills ASSET TYPE: SFR BROKERS: Nichole Shanfeld (@NicShanfeld), Adeena Fitterman (@Adeena.K.Fitterman) & Susan Smith (@SusanSmithRealty) ASKING PRICE: $3,995,000 SALE PRICE: $4,076,000 SF: 3,457 ~ PPSF: $1,178

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$217,386.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$14,481.16
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,322.32
Annual Debt Service$231,867.83