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1650 Luse Tank Road

Bella Thorne Sells Topanga Canyon Estate For $3.9M With Seller's Reps Erin Montgomery And Jason Oppenheim
SOLDSingle Family

Bella Thorne Sells Topanga Canyon Estate For $3.9M With Seller's Reps Erin Montgomery And Jason Oppenheim

1650 Luse Tank Road

$3,900,000

$511/SF

Building Size

7,624 SF

Asset Type

Single Family

Closing

Sep 30, 2025

AI

The property involved in this transaction is a single-family estate located at 1650 Luse Tank Road in the Topanga market. The asset spans 7,624 square feet and was sold for $3,900,000, translating to a price per square foot of $512. The estate features 6 bedrooms and 7 bathrooms situated on an expansive 10-acre lot.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $3,900,000
  • Address: 1650 Luse Tank Road
  • Market: Topanga
  • Square Footage: 7,624
  • Price Per Square Foot: $512
  • Seller: Bella Thorne
  • Buyer's Representative: Mike Ramirez - PLF Real Estate Solutions
  • Seller's Representatives: Erin Montgomery & Jason Oppenheim - The Oppenheim Group

Bella Thorne, the seller, acquired the property in 2019 for $3,300,000. The listing was handled by Erin Montgomery and Jason Oppenheim, representing The Oppenheim Group. The transaction highlights the expertise of Mike Ramirez, who represented the buyer in this significant sale.

Players

Jason Oppenheim

The Oppenheim Group

Broker

$115.2M

vol

15 deals

Broker
The Oppenheim Group
The Oppenheim GroupBrokerage
Bella Thorne

Bella Thorne

Seller

$3.9M

vol

1 deal

Seller

Topanga 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

4.07%

Cash-on-Cash

-1.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93