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Hollywood Hills, Los Angele...

Henrik Fisker & Geeta Gupta-Fisker Acquire SFR In Hollywood Hills For $21.8M
SOLDSingle Family Residence

Henrik Fisker & Geeta Gupta-Fisker Acquire SFR In Hollywood Hills For $21.8M

Hollywood Hills, Los Angeles, CA, USA

$21,800,000

$1,879/SF

Building Size

11,600 SF

Asset Type

Single Family Residence

Closing

Jun 29, 2020

AI

Hollywood Hills has witnessed a recent closed transaction in the residential real estate market. The single-family home located in this prestigious area was sold on June 29, 2021, for a staggering price of $21,800,000. Spanning across 11,600 square feet, the property boasts an impressive price per square foot of $1,879. The successful buyers of this luxurious estate are none other than Henrik Fisker, the founder of Fisker Inc., and his spouse Geeta Gupta-Fisker.

Summary of transaction details

  • Property Type: Single-Family Home (SFR)
  • Transaction Amount: $21,800,000
  • Size: 11,600 square feet
  • Price per Square Foot: $1,879

Henrik Fisker, known for his remarkable work in the automotive industry, joins forces with Geeta Gupta-Fisker as they acquire this stunning property in Hollywood Hills. Their company, Fisker Inc., is at the forefront of sustainable transportation solutions. This transaction showcases their shared vision of luxury and environmental responsibility.

Players

Los Angeles Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.73%

Cash-on-Cash

-0.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93