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10350 Wyton Drive

Vinod Jivrajka Acquires Holmby Hills Mansion In Los Angeles For $34.5M
SOLDSingle Family

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

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

Zac Mostame

Carolwood Estates

Broker

$164.6M

vol

7 deals

Broker

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