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Brentwood, Los Angeles, CA,...

Blake Griffin Acquires Brentwood SFR For $5.9M With David Berg - Compass
SOLDSingle Family Residence

Blake Griffin Acquires Brentwood SFR For $5.9M With David Berg - Compass

Brentwood, Los Angeles, CA, USA

$5,900,000

$620/SF

Building Size

9,504 SF

Asset Type

Single Family Residence

Closing

Dec 2, 2020

AI

The recently closed property transaction in Brentwood involved the sale of a single-family residence (SFR) owned by Blake Griffin. The property, spanning an area of 5,893 square feet, was sold for a price of $5,900,000, resulting in a per square foot price of $1,001. The transaction took place on December 3, 2020. The sale was facilitated by David Berg, a representative from Compass.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $5,900,000
  • Square Footage: 5,893
  • Price per Square Foot: $1,001
  • Transaction Date: December 3, 2020
  • Market: Brentwood

In this transaction, Blake Griffin acted as the buyer of the single-family residence. Assisting him in the deal was David Berg, who represented him as a broker from Compass. The sale not only showcases Griffin's interest in the property market but also highlights Berg's role as a broker in facilitating high-value transactions.

Players

Drew Fenton

Carolwood Estates

Broker

$1.3B

vol

36 deals

Broker
Hilton & Hyland
Hilton & HylandBrokerage

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

2.69%

Cash-on-Cash

-0.77%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93