Vinod Jivrajka Acquires Holmby Hills Mansion In Los Angeles For $34.5M
10350 Wyton Drive
$34,550,000
$1,410/SF
Building Size
24,488 SF
Asset Type
Single Family
Closing
Oct 19, 2023
AI
Los Angeles real estate investor Saeed Farkhondehpour has sold his Holmby Hills mansion located at 10350 Wyton Drive for $34.5 million. The property was originally listed for $49.5 million. The buyer, local interventional cardiologist Vinod Jivrajka, purchased the 21,000 sq ft single-family home. The mansion, featured in "The Dropout," offers modern amenities and sits on 1.54 acres of land. It boasts a beautiful outdoor space with a pool, spa, and tennis court.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $34,550,000
- Address: 10350 Wyton Drive
- Market: Los Angeles
- Size: 24,488 sq ft
- Price per Square Foot: $1,411
- Buyer: Vinod Jivrajka
- Seller: Saeed Farkhondehpour
- Buyer's Representative: Ram Handa - Hilton & Hyland
- Seller's Representatives: Lea Porter - The Beverly Hills Estates; Zac Mostame - Carolwood Estates
It is worth noting that the sale price of the mansion represents a significant reduction from the original asking price. Nevertheless, the property, known for its spaciousness and luxurious features, including the pool, spa, tennis court, and modern amenities, proved to be an attractive investment for Vinod Jivrajka.
Players
Los Angeles Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.46%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93