Dave Keuning Acquires Hollywood Hills SFR From Joel Simkhai For $9.6M
SOLD
$9,571,000
+ 1
California
See Similar DealsSingle Family Residence8,385 SF
Sold 09/21/2021
SOLD
Dave Keuning Acquires Hollywood Hills SFR From Joel Simkhai For $9.6M
Hollywood, Los Angeles, CA, USA
See Similar DealsSingle Family Residence8,385 SF
Sold 09/21/2021
+ 1
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,141
Total Square Footage:8,385 SF
Transaction Type:Sale
Dave Keuning, guitarist of the rock band The Killers, has purchased a stunning Hollywood Hills property for $9,571,000. The single-family residence spans across 8,385 square feet and sits on a spacious 0.37-acre lot. The transaction took place on September 21, 2021, and the property is located in the desirable Hollywood Hills market. The purchase price equates to a price per square foot of $1,141.
Summary of transaction details:
- Property Type: Single-Family Residence
- Transaction Amount: $9,571,000
- Market: Hollywood Hills
- Square Footage: 8,385
- Lot Size: 0.37 acres
The property was sold by Joel Simkhai. The transaction was facilitated by the following brokers: Boni Bryant from Compass, and Jory Burton & Heather Shorr from Sotheby's International Realty.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$510,453.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$34,003.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$45,371.42
Annual Debt Service$544,457.07
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