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221 S Cliffwood Ave Los Ang...

Ellen Bronfman Hauptman Sells Los Angeles Mansion In Brentwood Park For $24.5M
SOLDSingle Family Residence

Ellen Bronfman Hauptman Sells Los Angeles Mansion In Brentwood Park For $24.5M

221 S Cliffwood Ave Los Angeles, CA 90049, USA

$24,500,000

$1,991/SF

Building Size

12,300 SF

Asset Type

Single Family Residence

Closing

Jun 30, 2023

AI

Ellen Bronfman Hauptman, heiress to the Seagram liquor fortune, has sold her Los Angeles mansion in Brentwood Park for $24.5 million. Situated at 221 South Cliffwood Avenue, this stunning 12,300-square-foot single-family residence sits on 0.48 acres of prime land. The property boasts meticulous craftsmanship and offers spacious living areas, a screening room, gym, and game room. Located in the sought-after market of Los Angeles, this property is truly a remarkable investment opportunity.

Summary of transaction details

  • Property Type: Single-Family Residence
  • Transaction Amount: $24,500,000
  • Market: Los Angeles
  • Address: 221 South Cliffwood Avenue
  • Size: 12,300 square feet
  • Price per Square Foot: $1,992

The sale of this magnificent property was facilitated by Kurt Rappaport of Westside Estate Agency, serving as the broker for Ellen Bronfman Hauptman and Andrew Hauptman. This transaction showcases the expertise and professionalism of both the buyer and the seller in successfully concluding this high-value deal. With its exceptional features and prestigious location, this property represents a significant transaction in the Los Angeles real estate market.

Players

Kurt Rappaport

Westside Estate Agency

Broker

$2.1B

vol

58 deals

Broker

Ellen Bronfman Hauptman

Seller

$109.5M

vol

2 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

0.65%

Cash-on-Cash

-0.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93