Vasilis Bacolitsas Acquires Traditional Mansion In Brentwood For $17.5M
Brentwood
$17,500,000
$1,864/SF
Building Size
9,385 SF
Asset Type
Single Family Residence
Closing
May 12, 2023
AI
Greek shipping executive Vasilis Bacolitsas and his wife Sophia Nikolaidou have purchased a traditional mansion in Brentwood, Los Angeles, for $17.5 million. The extensively renovated three-level home, originally built in 1986 and spanning over 9,300 square feet, features six bedrooms and eight bathrooms.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $17,500,000
- Market: Brentwood
- Asset Type: Single Family
- Acres: 0.45
The buyer of the property is Vasilis Bacolitsas and Sophia Bacolitsas, while the seller is James Gordon and Andrea Gordon. The sale price of the mansion was $17.5 million, with a size of 9,385 square feet and a price per square foot of $1,865.
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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
0.91%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93