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7275 Mulholland Dr, Central...

Sean Cohen Acquires SFR On Mulholland Dr For $2.89M With Marc Noah & Jon Brown As Brokers
SOLDSingle Family Residence

Sean Cohen Acquires SFR On Mulholland Dr For $2.89M With Marc Noah & Jon Brown As Brokers

7275 Mulholland Dr, Central LA, Los Angeles, CA, USA

$2,885,000

$1,477/SF

Building Size

1,953 SF

Asset Type

Single Family Residence

Closing

Apr 12, 2021

AI

Located in Hollywood Hills, the property at 7275 Mulholland Dr has recently been sold. The single-family residence (SFR) spans approximately 1,953 square feet. The transaction took place on April 13, 2021, with a sale price of $2,885,000. This translates to a price per square foot (PPSF) of $1,477. The buyer of the property was Sean Cohen, while Paul Barden acted as the seller.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $2,885,000

Assisting in the transaction were brokers Marc Noah and Jon Brown. Marc Noah, representing the buyer, and Jon Brown, representing the seller, played pivotal roles in the sale.

Players

Marc Noah

Hilton & Hyland

Broker

$75.4M

vol

9 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

5.50%

Cash-on-Cash

-1.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93