Updated Sep 9, 2024
Sherri Chung Acquires Stylish Ranch Home In Hollywood Hills For $3.3M
Hollywood Hills
$3,320,000
$1,453/SF
Building Size
2,284 SF
Asset Type
Single Family Residence
Closing
Jun 12, 2023
About this deal
AI
Sherri Chung, composer known for her work on "Riverdale," has purchased a stylish ranch home in the Hollywood Hills for over $3.3 million. The midcentury-modern house, located on a 0.39-acre lot, has been renovated and features four bedrooms, five baths, a pool, spa, and outdoor entertainment area.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $3,320,000
- Market: Hollywood Hills, Los Angeles
- Square Footage: 2,284
- Price per Square Foot: $1,454
- Buyer: Sherri Chung
- Buyer's Representative: Andrea Korchek - The Agency
- Seller's Representatives: Daniel Jacobson & Brian Veasman - Compass
Andrea Korchek from The Agency represented Sherri Chung in this transaction. The deal was facilitated by Daniel Jacobson and Brian Veasman from Compass, who acted as the seller's representatives.
Players
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.5K per square foot on a published $3.3M for 2,284 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.78%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93