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1724 Viewmont Drive, Centra...

Ky Thoai Loung Acquires Hollywood Hills SFR For $5.25M With The Agency's Guy Azar, Bryan Castaneda, And Andrew Mortaza
SOLDSingle Family Residence

Ky Thoai Loung Acquires Hollywood Hills SFR For $5.25M With The Agency's Guy Azar, Bryan Castaneda, And Andrew Mortaza

1724 Viewmont Drive, Central LA, Los Angeles, CA, USA

$5,250,000

$875/SF

Building Size

6,000 SF

Asset Type

Single Family Residence

Closing

Apr 29, 2021

AI

The property at 1724 Viewmont Drive in Hollywood Hills has been sold. The single-family residence (SFR) was purchased by Ky Thoai Loung. The deal was facilitated by brokers Guy Azar, Bryan Castaneda, and Andrew Mortaza from The Agency. The property was listed for $5,500,000 and sold for $5,250,000. It spans 6,000 square feet, resulting in a price per square foot of $875.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $5,250,000
  • Address: 1724 Viewmont Drive
  • Market: Hollywood Hills

Featured in the deal were brokers Guy Azar, Bryan Castaneda, and Andrew Mortaza representing Ky Thoai Loung. They are affiliated with The Agency. This transaction took place on April 30, 2021.

Players

Guy Azar

The Agency

Broker

$11.9M

vol

3 deals

Broker

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

3.02%

Cash-on-Cash

-0.86%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93