Jamie Patricof Acquires SFR In Hancock Park For $7.9M With Buyer's Rep Jenna Cooper & Jonah Wilson
SOLD
$7,900,000
California
See Similar DealsSingle Family Residence4,483 SF
Sold 09/15/2021
SOLD
Jamie Patricof Acquires SFR In Hancock Park For $7.9M With Buyer's Rep Jenna Cooper & Jonah Wilson
Hancock Park, Los Angeles, CA, USA
See Similar DealsSingle Family Residence4,483 SF
Sold 09/15/2021
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,762
Total Square Footage:4,483 SF
Transaction Type:Sale
Jamie Patricof and Kelly Sawyer Patricof have purchased a single-family residence (SFR) in Hancock Park. The property spans 0.39 acres and has a total area of 4,483 square feet. The sale took place on September 15, 2021, for a price of $7,900,000, resulting in a price per square foot of $1,762.
Summary of transaction details:
- Property Type: Single-Family Residence (SFR)
- Transaction Amount: $7,900,000
- Market: Hancock Park
- Acreage: 0.39 acres
The buyer, Jamie Patricof and Kelly Sawyer Patricof, acquired the property with the assistance of brokers Jenna Cooper from Compass and Jonah Wilson from Hilton & Hyland.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$421,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$28,067.05
Cash-on-Cash Return-1.27%
Monthly Debt Service$37,450.03
Annual Debt Service$449,400.36
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