Updated Dec 16, 2024
Ennis Muhtar Sells Single Family Home At 9000 Hopen Place Los Angeles For $6.7M
9000 Hopen Place
$6,700,000
$2,389/SF
Building Size
2,804 SF
Asset Type
Single Family Residence
Closing
Nov 26, 2024
About this deal
AI
The property involved in this transaction is a single-family residence located at 9000 Hopen Place in the Los Angeles market. The sale price was $6,700,000, and the property encompasses a total square footage of 2,804, resulting in a price per square foot of $2,389.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $6,700,000
- Address: 9000 Hopen Place
- Market: Los Angeles
- Square Footage: 2,804
- Price per Square Foot: $2,389
- Seller: Ennis Muhtar
- Buyer's Representative: Ruiya Feng - Westside Estate Agency
- Seller's Representatives: Paul Lester, Daniel Stevenson & Aileen Comora - The Agency
This deal involved significant collaboration, reflecting months of effort from the involved parties. Ruiya Feng represented the buyer, while Paul Lester, Daniel Stevenson, and Aileen Comora represented the seller. The transaction achieved one of the highest price per square foot rates for the neighborhood in 2024, marking an important milestone for both the buyer and seller.
Players
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $2.4K per square foot on a published $6.7M for 2,804 square feet (2024).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.37%
Cash-on-Cash
-0.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93