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1301 Collingwood Pl Los Ang...

Olaplex Acquires Luxury Mansion In Los Angeles' Bird Streets For $37.4M
SOLDSingle Family

Olaplex Acquires Luxury Mansion In Los Angeles' Bird Streets For $37.4M

1301 Collingwood Pl Los Angeles, CA 90069, USA

$37,440,000

$2,340/SF

Building Size

16,000 SF

Asset Type

Single Family

Closing

Jun 13, 2023

AI

1301 Collingwood Place, a luxury mansion located in Los Angeles' Bird Streets, has recently been sold for $37,440,000. The property spans over 0.67 acres and boasts a spacious living area of 16,000 square feet. The sale price of $2,340 per square foot reflects the desirability and exclusivity of this single-family home.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $37,440,000
  • Address: 1301 Collingwood Place, Los Angeles
  • Market: Los Angeles
  • Acres: 0.67

The buyers of 1301 Collingwood Place are Dean and Darcy Christal, representing the company Olaplex. On the selling side, Kipp Nelson, affiliated with Long Arc Capital, facilitated the transaction. The deal was successfully orchestrated by a team of brokers from The Beverly Hills Estates, including Jack Harris, Michael Fahimian, Branden Williams, and Rayni Williams. This collaboration showcases the expertise and professional network possessed by these industry-leading brokers.

Designed by Olson Kundig, the three-level house offers an array of luxurious amenities, including a 15-car auto gallery, a spa, a pool, and meticulously landscaped gardens. The sale of this magnificent property underscores its allure and desirability amongst discerning buyers seeking the epitome of luxury living in Los Angeles' prestigious Bird Streets neighborhood.

Players

Michael Fahimian

Broker

$332.4M

vol

24 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

0.42%

Cash-on-Cash

-0.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93