Updated Dec 21, 2023
Christopher Meyer Acquires Hollywood Hills Home For $6.5M
Hollywood Hills
$6,500,000
$1,686/SF
Building Size
3,855 SF
Asset Type
Single Family Residence
Closing
Apr 25, 2023
About this deal
AI
Christopher Meyer, the 27-year-old son of multibillionaire heiress Gwendolyn Sontheim Meyer, has purchased a home in L.A.'s Outpost Estates neighborhood for $6.5 million. The property is located in the Hollywood Hills market and sits on approximately 0.94 acres of land. It offers nearly 4,000 square feet of living space and features four bedrooms, 4.5 baths, and an east-facing swimming pool. The pool overlooks the downtown skyline and offers iconic panoramic views from the Hollywood Sign to the Pacific Ocean.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $6,500,000
- Square Footage: 3,855
- Price per Square Foot: $1,686
- Market: Hollywood Hills
- Buyer: Christopher Meyer
This transaction represents a significant investment by Christopher Meyer, who is the purchaser of the property. With its expansive living space, ample bedrooms and baths, and breathtaking views, the home offers a luxurious and picturesque living experience in the heart of Hollywood Hills. Christopher Meyer's acquisition of this property showcases his commitment to investing in high-end real estate and further establishes him as a prominent figure in Los Angeles' real estate market.
Players
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.7K per square foot on a published $6.5M for 3,855 square feet (2023).
Browse Los Angeles single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93