Randall Emmett Sells Los Angeles Home For $4.35M With David Kessler As Seller's Rep
15438 Mulholland Drive
$4,350,000
$1,017/SF
Building Size
4,276 SF
Asset Type
Single Family
Closing
Sep 11, 2024
AI
A 4,276-square-foot single-family home located at 15438 Mulholland Drive in Los Angeles has been sold for $4.35 million. The property, set on 0.6 acres, features amenities such as a pool and a pickleball court, along with views of Mulholland Drive. It was initially listed for $6.2 million in 2022.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $4,350,000
- Address: 15438 Mulholland Drive
- Market: Los Angeles
- Square Feet: 4,276
- Price Per Square Foot: $1,017
- Seller: Randall Emmett
- Buyer's Representative: Edward Fitz & Fred Dapp - The Agency
- Seller's Representative: David Kessler - Coldwell Banker
The transaction involved Randall Emmett as the seller, with Edward Fitz and Fred Dapp from The Agency representing the buyer, a retired businessman. David Kessler from Coldwell Banker represented the seller in the deal.
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
3.65%
Cash-on-Cash
-1.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93