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356 South Hudson Avenue

Luxurious Estate Sold On South Hudson Avenue In Los Angeles For $16M
SOLDSingle Family

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

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.

Players

Matthew Altman

Douglas Elliman

Broker

$512.6M

vol

34 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

0.99%

Cash-on-Cash

-0.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93