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
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