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Hollywood Hills, Los Angele...

Luke Hemmings Acquires Hollywood Hills SFR For $2.8M With Reps Karen Shahar, Paul Lester, And Aileen Comora
SOLDSingle Family Residence

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

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

Karen Shahar

Rodeo Realty

Broker

$2.8M

vol

1 deal

Broker

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