Updated Sep 9, 2024
Mike Nieg Acquires Mt. Olympus SFR For $8.7M With Keller Williams Hollywood Hills Brokers
2301 Hercules Drive, Los Angeles, California 90046, United States
$8,700,000
$1,418/SF
Building Size
6,135 SF
Asset Type
Single Family Residence
Closing
Feb 10, 2022
About this deal
AI
A single-family residence located at 2301 Hercules Dr. in the Mt. Olympus market has been sold for a price of $8,700,000. The property measures approximately 6,135 square feet, resulting in a price per square foot of $1,418.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $8,700,000
The buyer in this transaction is Mike Nieg. The brokers involved in the deal are Monika Lis, Iwona "Ivy" Lis, and Bijan Saadati, representing Keller Williams Hollywood Hills.
The single family residence sale at 2301 Hercules Drive, Los Angeles, California 90046, United States in Los Angeles, California sold for $8.7M in 2022. The building is 6,135 square feet, implying about 1.4K per square foot on the published price. Monika Lis, Iwona “Ivy” Lis, Bijan Saadati, Keller Williams Realty appear on the sale alongside Keller Williams Realty. This page is the Los Angeles, California file for the 2301 Hercules Drive, Los Angeles, California 90046, United States single family residence sold: pricing, party profiles, and other closed single family residence comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles single family residence set by closing date to see what else sold near 2301 Hercules Drive, Los Angeles, California 90046, United States around 2022. Published consideration for 2301 Hercules Drive, Los Angeles, California 90046, United States is $8.7M, dated 2022. Cite this Mike Nieg Acquires Mt. Olympus SFR For $8.7M With Keller Williams Hollywood Hills Brokers sale when underwriting similar single family residence product around Los Angeles, California.
Players
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.4K per square foot on a published $8.7M for 6,135 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.82%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93