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1707 Westridge Road

Kendrick Lamar To Purchase Brentwood Home For $40M From Viet Dinh & Jennifer Ashworth
SOLDSingle Family

Kendrick Lamar To Purchase Brentwood Home For $40M From Viet Dinh & Jennifer Ashworth

1707 Westridge Road

$40,000,000

$2,462/SF

Building Size

16,243 SF

Asset Type

Single Family

Closing

May 20, 2024

AI

The property located at 1707 Westridge Road in Brentwood, Los Angeles, is a Single Family home sitting on 0.84 acres. The transaction for this property involved a purchase price of $40,000,000, with a total square footage of 16,243 and a price per square foot of $2,463.

Summary of transaction details:

Hip-hop artist Kendrick Lamar is reportedly under contract to acquire the property. The home, not officially listed at the time of Lamar's potential purchase, offers amenities like a wine cellar, gym, and pool. The sellers, Viet Dinh and Jennifer Ashworth, are parting ways with the property that was originally acquired by a trust linked to them in 2019. Brokers involved in the deal include Cindy Ambuehl, Morgan Trent, and Mark Norton, representing the respective parties in this high-priced transaction.

Players

Cindy Ambuehl

Christie's International Real Estate

Broker

$141.3M

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

0.40%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93