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
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
0.37%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93