Jaime Johnson Acquires Hollywood Hills Single Family For $17.5M With Buyer's Rep Lauren Reichenberg & Seller's Rep Timothy Di Prizito & Joyce Rey
Hollywood Hills, Los Angeles, California, United States
$17,500,000
$4,375,000/SF
Building Size
4 SF
Asset Type
Single Family Residence
Closing
May 29, 2023
AI
A single-family property located in Hollywood Hills, Los Angeles, CA has been sold for a total price of $17,500,000. The property covers an impressive 15 acres and offers approximately 4,000 square feet of living space. This valuable asset was acquired by Jaime Johnson, the heiress of Johnson & Johnson, with the assistance of her representative from Compass, Lauren Reichenberg. On the selling end, Timothy Di Prizito and Joyce Rey from Coldwell Banker Realty acted as the representatives for the seller.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $17,500,000
- Market: Hollywood Hills, Los Angeles, CA
- Acres: 15
This significant sale in Hollywood Hills was led by Jaime Johnson, who comes from the esteemed Johnson & Johnson family. Assisting her in the transaction was Lauren Reichenberg from Compass. The seller's representatives, Timothy Di Prizito and Joyce Rey from Coldwell Banker Realty, played a crucial role in ensuring a successful deal for both parties. The property offers 4,000 square feet of space and was sold at a price of $4,375 per square foot.
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
0.91%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93