Updated Oct 28, 2024
Shonda Rhimes Sells Hancock Park SFR For $21M With Berkshire Hathaway And Douglas Elliman Brokers
Hancock Park, Los Angeles, California, United States
$21,000,000
$4,201/SF
Building Size
4,998 SF
Asset Type
Single Family Residence
Closing
Jan 6, 2022
About this deal
AI
Located in Hancock Park, this single-family residence boasts an impressive 11,700 square feet of living space. The property was recently sold on January 6, 2022, with a sale price of $21,000,000, resulting in a price per square foot of $1,794. Owned by TV producer Shonda Rhimes, this SFR property offers luxurious living accommodations in a highly desirable neighborhood.
Summary of Transaction Details
- Property Type: SFR
- Transaction Amount: $21,000,000
- Square Footage: 11,700
- Price per Square Foot: $1,794
- Seller: Shonda Rhimes - TV Producer
- Brokers: Ed Solorzano - Berkshire Hathaway HomeServices California Properties; Josh & Matt Altman - Douglas Elliman
Representing the seller in this transaction was Ed Solorzano, a broker from Berkshire Hathaway HomeServices California Properties, along with Josh and Matt Altman from Douglas Elliman. The successful sale of this beautiful property highlights the expertise and professionalism of these brokers in the Hancock Park market.
On the Map
$21,000,000
$4,201/SF
Single Family Residence
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Players
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $4.2K per square foot on a published $21M for 4,998 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.76%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93