Updated Oct 28, 2024
Neil Jacobson's Hallwood Media Acquires Sunset Strip SFR From Sam & Lara Worthington
1387 N Doheny Dr, Los Angeles, CA, USA
$8,200,000
$1,304/SF
Building Size
6,288 SF
Asset Type
Single Family Residence
Closing
May 20, 2021
About this deal
AI
The property involved in this transaction is a single-family residence (SFR) located at 1387 N. Doheny Dr. in the Sunset Strip market. The property has a total square footage of 6,288 and was sold for a price of $8,200,000, resulting in a price per square foot (PPSF) of $1,304.
Summary of transaction details
- Property Type: Single-Family Residence (SFR)
- Transaction Amount: $8,200,000
- Address: 1387 N. Doheny Dr.
- Market: Sunset Strip
The buyer in this transaction is Neil Jacobson, representing Hallwood Media. The seller is Sam & Lara Worthington. The deal was facilitated by two brokers, Jonathan Ruiz from The Agency and Mick Partridge from Hilton & Hyland.
On the Map
$8,200,000
$1,304/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 $1.3K per square foot on a published $8.2M for 6,288 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.93%
Cash-on-Cash
-0.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93