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5781 Penland Rd, Hidden Hil...

Daisy Fuentes & Richard Marx Acquire Hidden Hills SFR For $9M
SOLDSingle Family Residence

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

Marc Shevin

Douglas Elliman

Broker

$117.8M

vol

9 deals

Broker
Berkshire Hathaway HomeServices
Berkshire Hathaway HomeServicesBrokerage

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