Nile Niami Sells Hollywood Hills SFR For $26M With Buyer’s Rep Chase Rogers - Compass
SOLD
$26,000,000
California
See Similar DealsSingle Family Residence14,000 SF
Sold 07/09/2020
SOLD
Nile Niami Sells Hollywood Hills SFR For $26M With Buyer’s Rep Chase Rogers - Compass
1369 Londonderry Place, Los Angeles, CA 90069
See Similar DealsSingle Family Residence14,000 SF
Sold 07/09/2020
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,857
Total Square Footage:14,000 SF
Transaction Type:Sale
A single-family residence located at 1369 Londonderry Pl. in Hollywood Hills has been sold for a price of $26,000,000. The property spans approximately 14,000 square feet, resulting in a price per square foot of $1,857. It was initially listed for $29,999,000.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $26,000,000
- Address: 1369 Londonderry Pl.
- Market: Hollywood Hills
The seller of the property was Nile Niami, while the buyer was represented by Chase Rogers from Compass. The seller's representative in the deal was Camellia Yeroomian from The Agency.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,386,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$92,372.50
Cash-on-Cash Return-1.27%
Monthly Debt Service$123,253.26
Annual Debt Service$1,479,039.17
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