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Matt Wollman Sells SFR In Mandeville Canyon For $56.55M With Reps David Kramer, Drew Fenton, And Tracy Tutor - Hilton & Hyland, Douglas Elliman

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SOLD
$56,550,000

California

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Single Family Residence
Sold 01/03/2022
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Property Image
SOLD

Matt Wollman Sells SFR In Mandeville Canyon For $56.55M With Reps David Kramer, Drew Fenton, And Tracy Tutor - Hilton & Hyland, Douglas Elliman

Mandeville Canyon, Los Angeles, California, United States

See Similar Deals
Single Family Residence
Sold 01/03/2022
Contact now

Summary

CALIFORNIA
Asset Type:Single Family Residence
Transaction Type:Sale

The recently closed property transaction in Mandeville Canyon involved the sale of a Single Family Residential (SFR) property. The property was sold for an impressive price of $56,550,000.

Summary of transaction details:

The sale was facilitated by the renowned brokers, David Kramer and Drew Fenton from Hilton & Hyland, and Tracy Tutor from Douglas Elliman. These brokers played a crucial role in ensuring the successful completion of the transaction.

Players

Drew Fenton
36 deals$1.3B volume
BROKER

David Kramer
Hilton & Hyland
5 deals$122.2M volume
BROKER

Tracy Tutor
Douglas Elliman
8 deals$154.5M volume
BROKER

Details

SOLD
IMAGE: David Kramer, Drew Fenton & Tracy Tutor DATE: 01/03/2022 MARKET: Mandeville Canyon ASSET TYPE: SFR SELLER: Matt Wollman - Strategic Services International BROKERS: David Kramer & Drew Fenton - Hilton & Hyland; Tracy Tutor - Douglas Elliman SALE PRICE: $56,550,000

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$3,016,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$200,910.20
Cash-on-Cash Return-1.27%
Monthly Debt Service$268,075.85
Annual Debt Service$3,216,910.21