Luke Hemmings Acquires Hollywood Hills SFR For $2.8M With Reps Karen Shahar, Paul Lester, And Aileen Comora
Hollywood Hills, Los Angeles, CA, USA
$2,800,000
$1,037/SF
Building Size
2,700 SF
Asset Type
Single Family Residence
Closing
Jul 23, 2020
AI
Located in the Hollywood Hills market, this recently sold single-family residence (SFR) offers a total area of approximately 2,700 square feet. The property was purchased by Luke Hemmings, known for his involvement in the band 5 Seconds of Summer. The transaction took place on July 23, 2021, with a sale price of $2,800,000, resulting in a price per square foot of $1,037.
Summary of Transaction Details
- Property Type: SFR
- Transaction Amount: $2,800,000
- Market: Hollywood Hills
- Buyer: Luke Hemmings
- Brokers: Karen Shahar - Rodeo Realty, Paul Lester & Aileen Comora - The Agency
Represented by Karen Shahar from Rodeo Realty, and Paul Lester and Aileen Comora from The Agency, the deal was successfully closed. The buyer, Luke Hemmings, made a significant investment in this property, showcasing his interest in the Hollywood Hills market.
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
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93