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