facebook

traded

+ Submit
Home

/

Deals

/

California

/

Single Family Residence

/

Sale

/

Hollywood Hills, Los Angele...

Michael B. Jordan Sells Hollywood Hills SFR For $6.9M
SOLDSingle Family Residence

Michael B. Jordan Sells Hollywood Hills SFR For $6.9M

Hollywood Hills, Los Angeles, California, United States

$6,988,000

$1,455/SF

Building Size

4,800 SF

Asset Type

Single Family Residence

Closing

Mar 29, 2022

AI

Michael B. Jordan, known for his roles in movies such as Black Panther and Creed, recently sold his property in Hollywood Hills. The Single-Family Residence (SFR) spans across 1.02 acres of land, providing ample space and privacy. The property boasts a spacious 4,800 square feet of living space, offering a comfortable and luxurious living experience. The sale took place on March 29, 2022, in the coveted Hollywood Hills market.

Summary of transaction details

  • Property Type: Single-Family Residence (SFR)
  • Sale Price: $6,988,000
  • Square Footage: 4,800
  • Price per Square Foot: $1,455
  • Acres: 1.02
  • Seller: Michael B. Jordan
  • Brokers: Bryan Castaneda & Andrew Mortaza - The Agency

Bryan Castaneda and Andrew Mortaza from The Agency represented Michael B. Jordan as his brokers in this transaction. They played a pivotal role in facilitating the sale, ensuring a smooth and successful transaction for their client. The expertise and guidance provided by Bryan and Andrew helped Michael B. Jordan achieve a favorable outcome in the Hollywood Hills real estate market.

Players

Bryan Castaneda

The Agency

Broker

$19.2M

vol

4 deals

Broker

Michael B. Jordan

Seller

$19.5M

vol

2 deals

Seller

Los Angeles Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.27%

Cash-on-Cash

-0.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93