Updated Nov 17, 2023
Olaf Carlson-Wee Acquires Hollywood Hills SFR From Simon Kinberg For $28.5M
Hollywood Hills, Los Angeles, CA, USA
$28,500,000
$2,375/SF
Building Size
12,000 SF
Asset Type
Single Family Residence
Closing
Jun 29, 2020
About this deal
AI
Olaf Carlson-Wee purchased a single-family residence (SFR) in Hollywood Hills. The property was sold by Simon Kinberg on 06/29/2021 for a total price of $28,500,000. The SFR spans across 12,000 square feet, resulting in a price per square foot of $2,375.
Summary of transaction details
- Property Type: Single-Family Residence
- Transaction Amount: $28,500,000
- Date: 06/29/2021
- Market: Hollywood Hills
- Buyer: Olaf Carlson-Wee
- Seller: Simon Kinberg
The deal was facilitated by Olaf Carlson-Wee, who represented himself in the transaction as the buyer's representative.
Players
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $2.4K per square foot on a published $28.5M for 12,000 square feet (2020).
Browse California single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.56%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93