Daisy Fuentes & Richard Marx Acquire Hidden Hills SFR For $9M
5781 Penland Rd, Hidden Hills, CA, USA
$9,000,000
$1,017/SF
Building Size
8,848 SF
Asset Type
Single Family Residence
Closing
May 8, 2021
AI
Located at 5781 Penland Rd. in Hidden Hills, this single-family home (SFR) was recently sold in a closed transaction. The property boasts a spacious 8,848 square feet and was sold for a total price of $9,000,000, equating to approximately $1,017 per square foot.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $9,000,000
The buyers of this property were Daisy Fuentes and Richard Marx. Representing the buyers in this deal were Marc Shevin from Berkshire Hathaway HomeServices California Properties, John Galich from Sotheby's International Realty, and Leah Lail from Coldwell Banker. Their expertise and guidance played a crucial role in facilitating a successful transaction.
Players
Hidden Hills 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
1.76%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93