Updated Jan 20, 2025
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
About this deal
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.
On the Map
$36,000,000
$1,069/SF
Single Family Residence
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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