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
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.
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
1.82%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93