Updated Sep 9, 2024
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
About this deal
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.
On the Map
$26,000,000
$1,857/SF
Single Family Residence
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Players
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.9K per square foot on a published $26M for 14,000 square feet (2020).
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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