Alexandra Daddario & Andrew Form Acquire Hancock Park SFR For $7.3M
SOLD
$7,300,000
California
See Similar DealsSingle Family Residence5,306 SF
Sold 09/16/2021
SOLD
Alexandra Daddario & Andrew Form Acquire Hancock Park SFR For $7.3M
Single Family Residence5,306 SF
Sold 09/16/2021
Summary
Asset Type:Single Family Residence
Price Per Square Foot:$1,375
Total Square Footage:5,306 SF
Transaction Type:Sale
Alexandra Daddario and Andrew Form have purchased a single-family home located in Hancock Park. The property, which spans 0.3 acres, was sold by John Wells. The deal was facilitated by brokers Brett Lawyer and Jonah Wilson from Hilton & Hyland. The transaction took place on September 16, 2021.
Summary of transaction details
- Property Type: Single-Family Home
- Transaction Amount: $7,300,000
- Square Footage: 5,306
- Price per Square Foot: $1,375
- Market: Hancock Park
Alexandra Daddario and Andrew Form are the buyers of the property, while John Wells is the seller. The property, with its prime location in Hancock Park, spans 0.3 acres. The sale was facilitated by brokers Brett Lawyer and Jonah Wilson, representing Hilton & Hyland. This transaction marks the successful purchase of the single-family home at a price of $7,300,000. With a generous space of 5,306 square feet, the property offers ample room for the new owners to enjoy and customize.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$389,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$25,935.37
Cash-on-Cash Return-1.27%
Monthly Debt Service$34,605.72
Annual Debt Service$415,268.69
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