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Holmby Hills, Los Angeles, ...

Patrick Whitesell Acquires Holmby Hills SFR From Jack Rimokh For $42.9M
SOLDSingle Family Residence

Patrick Whitesell Acquires Holmby Hills SFR From Jack Rimokh For $42.9M

Holmby Hills, Los Angeles, California, United States

$42,900,000

$2,220/SF

Building Size

19,319 SF

Asset Type

Single Family Residence

Closing

Mar 26, 2022

AI

A property located in Holmby Hills, spanning 1.35 acres, has been sold for a total price of $42,900,000. The sale took place on 03/27/2022. This single-family residence (SFR) encompasses an impressive 19,319 square feet, resulting in a price per square foot (PPSF) of $2,220. The transaction involved two key parties, with Patrick Whitesell and Pia Whitesell serving as the buyers, and Jack Rimokh as the seller.

Summary of transaction details

  • Property Type: Single-Family Residence (SFR)
  • Transaction Amount: $42,900,000
  • Acres: 1.35
  • Date: 03/27/2022
  • Square Footage: 19,319
  • Price per Square Foot: $2,220
  • Buyer: Patrick Whitesell & Pia Whitesell
  • Seller: Jack Rimokh

Patrick Whitesell and Pia Whitesell acted as the buyers in this transaction, while Jack Rimokh served as the seller. The property's outstanding features include its remarkable size of 19,319 square feet. The market value of this luxurious estate, located in Holmby Hills, is reflected in the sale price of $42,900,000. The comprehensive facilities and unique characteristics of this property make it an exceptional investment opportunity.

Players

Jack Rimokh

Seller

$47.2M

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

0.37%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93