Susan Miller Buys $27M SFR In Holmby Hills With Kurt Rappaport & Jade Mills As Brokers
SOLD
$27,000,000
California
See Similar DealsSingle Family Residence10,000 SF
Sold 09/02/2021
SOLD
Susan Miller Buys $27M SFR In Holmby Hills With Kurt Rappaport & Jade Mills As Brokers
Holmby Hills, Los Angeles, CA, USA
See Similar DealsSingle Family Residence10,000 SF
Sold 09/02/2021
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
- Property Type: Single-Family Residence (SFR)
- Transaction Amount: $27,000,000
- Square Footage: 10,000
- Price Per Square Foot: $2,700
- Market: Holmby Hills
- Buyer: Susan Miller
- Brokers: Kurt Rappaport - Westside Estate Agency; Jade Mills & Lea Porter - Coldwell Banker
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.
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Deal Type
30 years
10 years
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
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