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Westwood, California, Unite...

Updated Sep 9, 2024

$16.75M Sale Of 9.5K SF Home In Little Holmby, LA With Josh Altman & Matt Altman As Brokers
SOLDSingle Family Residence

$16.75M Sale Of 9.5K SF Home In Little Holmby, LA With Josh Altman & Matt Altman As Brokers

Westwood, California, United States

$16,750,000

$1,763/SF

Building Size

9,500 SF

Asset Type

Single Family Residence

Closing

Jan 13, 2022

About this deal

AI

The property involved in the transaction is a single-family residential (SFR) located in Little Holmby, encompassing 0.51 acres. The sale of this property was facilitated by brokers Josh Altman and Matt Altman from the Altman Brothers Team at Douglas Elliman, Danelle Lavin at Compass, and Susan Smith at Hilton & Hyland.

Summary of transaction details:

  • Property Type: Single-Family Residential (SFR)
  • Transaction Amount: $16,750,000
  • Square Footage: 9,500
  • Price per Square Foot: $1,763
  • Market: Little Holmby

The transaction took place on a date specified as January 13, 2022. The property has a total area of 0.51 acres and features a single-family residential dwelling spanned across approximately 9,500 square feet. With a sale price of $16,750,000, the property boasts a price per square foot of $1,763. The deal was successfully brokered by Josh Altman and Matt Altman from the Altman Brothers Team at Douglas Elliman, along with Danelle Lavin from Compass and Susan Smith from Hilton & Hyland.

On the Map

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$16,750,000

$1,763/SF

Single Family Residence

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Players

Matthew Altman

Douglas Elliman

Broker

$567.6M

vol

37 deals

Broker
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Westwood Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $1.8K per square foot on a published $16.8M for 9,500 square feet (2022).

Visit Danelle Lavin to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.95%

Cash-on-Cash

-0.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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