Updated Oct 29, 2024
Paris Jackson Acquires Hollywood Hills SFR From Jesse Carmichael For $3.8M
Hollywood Hills, Los Angeles, California, United States
$3,766,870
$1,883,435/SF
Building Size
2 SF
Asset Type
Single Family Residence
Closing
Jan 8, 2022
About this deal
AI
Paris Jackson has made a real estate move in the Hollywood Hills market. She recently purchased a single-family home with a living area of 2,960 square feet. The sale price for this property was $3,766,870, resulting in a price per square foot of $1,334. The transaction took place on August 1, 2022, and the seller was Jesse Carmichael.
Summary of transaction details
- Property Type: Single-Family Home
- Transaction Amount: $3,766,870
Paris Jackson, known for her modeling career, acquired the property from Jesse Carmichael. The deal was closed in the Hollywood Hills market, known for its desirable real estate offerings. With this purchase, Jackson has added another valuable asset to her portfolio.
Players
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.9M per square foot on a published $3.8M for 2 square feet (2022).
Browse California single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.21%
Cash-on-Cash
-1.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93