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530 South Mapleton Drive

Joshua Altman & Tommy Bubonic Of Douglas Elliman Sell Single Family Home In Los Angeles For $36M
SOLDSingle Family Residence

Joshua Altman & Tommy Bubonic Of Douglas Elliman Sell Single Family Home In Los Angeles For $36M

530 South Mapleton Drive

$36,000,000

$1,069/SF

Building Size

33,652 SF

Asset Type

Single Family Residence

Closing

Jan 7, 2025

AI

The property involved in this transaction is a single-family residence located at 530 South Mapleton Drive in Los Angeles. The asset encompasses a considerable square footage of 33,652 and was sold for a transaction amount of $36,000,000, resulting in a price per square foot of $1,069.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $36,000,000
  • Address: 530 South Mapleton Drive
  • Market: Los Angeles
  • Square Footage: 33,652
  • Price per Square Foot: $1,069
  • Seller's Representatives: Joshua Altman & Tommy Bubonic - Douglas Elliman

In this transaction, Joshua Altman and Tommy Bubonic represented the seller through their association with Douglas Elliman, facilitating the deal of the significant real estate asset within the competitive Los Angeles market.

Players

Joshua Altman

Douglas Elliman

Broker

$577M

vol

42 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

0.44%

Cash-on-Cash

-0.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93