A Single Family Home Sold For $11.1M With Buyer's Rep Brett Lawyer - Carolwood Real Estate
2427 Castilian Dr
$11,100,000
$1,679/SF
Building Size
6,610 SF
Asset Type
Single Family
Closing
Nov 9, 2022
AI
The property is a single-family residence located in Hollywood Hills, Los Angeles, CA, covering an area of 0.56 acres. The sale price for this asset was $11,100,000, and it has a total square footage of 6,610, resulting in a price per square foot of $1,679.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $11,100,000
- Square Footage: 6,610
- Price per Square Foot: $1,679
- Market Location: Hollywood Hills, Los Angeles, CA
- Buyer's Representative: Brett Lawyer - Carolwood Real Estate
- Seller's Representatives: Adeena Karsseboom-Fitterman & Susan Smith - Carolwood Real Estate
The transaction involved key representatives from Carolwood Real Estate, with Brett Lawyer representing the buyer, and Adeena Karsseboom-Fitterman and Susan Smith representing the sellers. This collaboration facilitated the successful closure of the transaction.
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
1.43%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93