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Susan Miller Buys $27M SFR In Holmby Hills With Kurt Rappaport & Jade Mills As Brokers

Property Image
SOLD
$27,000,000

California

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Single Family Residence10,000 SF
Sold 09/02/2021
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Property Image
SOLD

Susan Miller Buys $27M SFR In Holmby Hills With Kurt Rappaport & Jade Mills As Brokers

Holmby Hills, Los Angeles, CA, USA

See Similar Deals
Single Family Residence10,000 SF
Sold 09/02/2021
Contact now

Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$2,700
Total Square Footage:10,000 SF
Transaction Type:Sale

In a recent closed property transaction in Holmby Hills, a single-family residence (SFR) situated on a sprawling 3-acre lot changed hands. The transaction took place on September 2, 2021, and the property was purchased by Susan Miller.

Summary of transaction details

The transaction involved notable individuals such as Kurt Rappaport from Westside Estate Agency and Jade Mills & Lea Porter from Coldwell Banker, who represented the parties involved in the deal.

Players

Jade Mills
21 deals$683.2M volume(310) 285-7508
BROKER

Kurt Rappaport
Westside Estate Agency
57 deals$2.1B volume
BROKER

Lea Porter
The Beverly Hills Estates
6 deals$169.6M volume
BROKER

Details

SOLD
IMAGE: Kurt Rappaport, Susan Miller & Jade Mills DATE: 09/02/2021 MARKET: Holmby Hills ASSET TYPE: SFR ~ ACRES: 3 BUYER: Susan Miller BROKERS: Kurt Rappaport - Westside Estate Agency; Jade Mills & Lea Porter - Coldwell Banker SALE PRICE: $27,000,000 SF: 10,000 ~ PPSF: $2,700

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,440,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$95,925.30
Cash-on-Cash Return-1.27%
Monthly Debt Service$127,993.77
Annual Debt Service$1,535,925.30