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1369 Londonderry Place, Los...

Nile Niami Sells Hollywood Hills SFR For $26M With Buyer’s Rep Chase Rogers - Compass
SOLDSingle Family Residence

Nile Niami Sells Hollywood Hills SFR For $26M With Buyer’s Rep Chase Rogers - Compass

1369 Londonderry Place, Los Angeles, CA 90069

$26,000,000

$1,857/SF

Building Size

14,000 SF

Asset Type

Single Family Residence

Closing

Jul 9, 2020

AI

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

Camellia Yeroomian

Broker

$81.5M

vol

4 deals

Broker
Compass
CompassBrokerage

Nile Niami

Seller

$45.5M

vol

3 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

0.61%

Cash-on-Cash

-0.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93