facebook
Traded Co logo
Submit
Daily limit: 0/10

Vasilis Bacolitsas Acquires Traditional Mansion In Brentwood For $17.5M

Property Image
SOLD
$17,500,000

California

See Similar Deals
Single Family Residence9,385 SF
Sold 05/12/2023
the dealplayerscompscontact
Property Image
SOLD

Vasilis Bacolitsas Acquires Traditional Mansion In Brentwood For $17.5M

Brentwood

See Similar Deals
Single Family Residence9,385 SF
Sold 05/12/2023
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,864
Total Square Footage:9,385 SF
Transaction Type:Sale

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.

Players

JG
James Gordon
3 deals$24.9M volume
SELLER

Details

SOLD
IMAGE: Vasilis Bacolitsas DATE: 05/12/2023 MARKET: Brentwood ASSET TYPE: Single Family ~ ACRES: 0.45 BUYER: Vasilis & Sophia Bacolitsas SELLER: James & Andrea Gordon SALE PRICE: $17,500,000 SF: 9,385 ~ PPSF: $1,865 NOTE: 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, eight baths.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$933,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$62,173.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$82,958.93
Annual Debt Service$995,507.14