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
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