Jeffrey Huang Acquires $25M Single Family Home On Tanager Way In Los Angeles
1410 Tanager WayLos Angeles, CA 90069, USA
$25,000,000
$1,785/SF
Building Size
14,000 SF
Asset Type
Single Family
Closing
Jun 12, 2023
AI
Hankey Capital, led by Chairman Don Hankey, sold the 14,000-square-foot mansion at 1410 Tanager Way in Los Angeles' Bird Streets neighborhood for $25 million. The home, designed for entertainment and purchased out of foreclosure in 2019, features luxurious amenities such as a pool, spa, gym, and lounging deck.
Summary of transation details
- Property Type: Single Family
- Transaction Amount: $25,000,000
- Square Footage: 14,000
- Price per Square Foot: $1,786
- Address: 1410 Tanager Way
- Market: Los Angeles
The sale of the mansion at 1410 Tanager Way was brokered by Michael Chen from AKG Christie’s International Real Estate, representing the buyer Jeffrey Huang, and Tyrone McKillen from Plus Real Estate, Branden & Rayni Williams from The Beverly Hills Estates, representing the seller Hankey Capital.
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
0.63%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93