Christopher Hopper Acquires Venice Single Family Home For $6.7M
$6,744,000
$1,401/SF
Building Size
4,811 SF
Asset Type
Single Family Residence
Closing
May 12, 2023
AI
Christopher Hopper, co-founder of Aurora Solar, has purchased a custom architectural-style home in Venice, Los Angeles for $6.7 million. The property is located in the Venice market and sits on approximately 0.12 acres of land. It features four bedrooms, high ceilings, and a backyard with a pool. Additionally, the property offers amenities such as a movie theater and gym.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $6,744,000
- Square Footage: 4,811 SF
- Price per Square Foot: $1,402
The buyer, Christopher Hopper, represented Aurora Solar in this transaction. The deal was facilitated by Emma Russell and Tamra (Tami) Pardee from Pardee Properties, as well as Sandro Dazzan from The Agency.
Players
Market 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
2.35%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93