Updated Dec 4, 2024
Luxurious Estate Sold On South Hudson Avenue In Los Angeles For $16M
356 South Hudson Avenue
$16,000,000
$1,194/SF
Building Size
13,400 SF
Asset Type
Single Family
Closing
Apr 30, 2024
About this deal
AI
The single-family property located at 356 South Hudson Avenue in Los Angeles was sold for $16,000,000, with a sale price per square foot of $1,194. This expansive estate features a main 4-story house with luxurious amenities including multiple bedrooms and bathrooms, a top-floor theater and office, a gourmet kitchen with a walk-in pantry, and outdoor amenities such as a pool, outdoor kitchen, and lush grounds, including guest quarters and a pool house.
Summary of transation details:
- Property Type: Single Family
- Transaction Amount: $16,000,000
- SF: 13,400
- PPSF: $1,194
- Address: 356 South Hudson Avenue
- Market: Los Angeles
- ACRES: 0.85
The buyer's representatives for this transaction were Joshua Altman and Matthew Altman from Douglas Elliman. On the other side, the seller's representatives were Lisa Hutchins and Ron Holliman from Coldwell Banker. The deal for this property was successfully completed with the expertise and involvement of these individuals and agencies.
On the Map
$16,000,000
$1,194/SF
Single Family
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Players
Los Angeles Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $1.2K per square foot on a published $16M for 13,400 square feet (2024).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.99%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93