facebook

traded

+ Submit
Home

/

Deals

/

California

/

Single Family Residence

/

Sale

/

Hollywood Hills, Los Angeles

Cheryl Burke Sells Hollywood Hills SFR For $2.2M With Buyer's Rep Justin Vold
SOLDSingle Family Residence

Cheryl Burke Sells Hollywood Hills SFR For $2.2M With Buyer's Rep Justin Vold

Hollywood Hills, Los Angeles

$2,190,000

$1,042/SF

Building Size

2,100 SF

Asset Type

Single Family Residence

Closing

Jul 31, 2023

AI

A three-bedroom single-family residence (SFR) in Hollywood Hills, Los Angeles, has been sold by former "Dancing With the Stars" dancer Cheryl Burke for $2.2 million. The property, purchased 14 years ago for around $1.3 million, resulted in a profit of $900,000. The house boasts modern updates and offers scenic views.

Summary of transaction details

Justin Vold from Redfin served as the buyer's representative for this transaction, while Jeremy Hensley and Meredith Schlosser from Berkshire Hathaway HomeServices California Properties represented Cheryl Burke as the seller. The deal showcases both the successful sale of the property and the notable profits made by Burke.

Players

Justin Vold

Redfin

Broker

$2.2M

vol

1 deal

Broker

Los Angeles Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.24%

Cash-on-Cash

-2.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93