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DeMar DeRozan Acquires Hidden Hills Single Family Property For $14.95M

Property Image
SOLD
$14,950,000

California

See Similar Deals
Single Family Residence10,000 SF
Sold 04/05/2018
the dealdetailscomps
Property Image
SOLD

DeMar DeRozan Acquires Hidden Hills Single Family Property For $14.95M

Hidden Ridge Road, Hidden Hills, Los Angeles, CA, USA

See Similar Deals
Single Family Residence10,000 SF
Sold 04/05/2018
the dealdetailscomps

Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,495
Total Square Footage:10,000 SF
Transaction Type:Sale

A single-family home located on Hidden Ridge Road in Los Angeles has been sold in a closed transaction. The property, situated in the Hidden Hills area of the San Fernando Valley, spans approximately 10,000 square feet. The sale was completed on April 5, 2018, and the transaction amount was $14,950,000.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $14,950,000
  • Address: Hidden Ridge Road, Los Angeles
  • City: Los Angeles
  • Market: Hidden Hills, San Fernando Valley
  • Square Footage: Approx. 10,000 sf

The seller of the property was Woodbridge Investments, represented by Bob Shapiro. The buyer, DeMar DeRozan, purchased the house for an all-cash payment. It is noteworthy that Woodbridge Investments recently filed for bankruptcy and is facing allegations of embezzling funds and defrauding investors. DeRozan, a prominent NBA All-Star, signed a significant five-year, $139 million contract with the Raptors in 2016.

Details

SOLD
IMAGE: Bob Shapiro and DeMar DeRozan (@Demar_DeRozan) 🏀 DATE: 04/05/2018 ADDRESS: Hidden Ridge Road CITY: Los Angeles MARKET: Hidden Hills, San Fernando Valley ASSET TYPE: Single Family PRICE: $14,950,000 SF: Approx. 10,000 sf SELLER: Woodbridge Investments - Bob Shapiro BUYER: DeMar DeRozan NOTE: Woodbridge recently filed for Bankruptcy, they are accused of embezzling funds and defrauding investors. DeRozan payed all cash for the house! In 2016, the @NBA all-star signed a five-year, $139 million contract with the @Raptors.

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