Sean Kia Of Tides Equities Sells Brentwood Estate For $22.3 Million With Representation By The Agency
414 South Cliffwood Avenue
$22,300,000
$2,301/SF
Building Size
9,690 SF
Asset Type
Single Family
Closing
Feb 18, 2025
AI
A single-family home located at 414 South Cliffwood Avenue in Los Angeles was sold for $22.3 million. The property has a total of 9,690 square feet, translating to a price per square foot of $2,301.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $22,300,000
- Seller: Sean Kia - Tides Equities
- Buyer's Representative: Mark Douglas - Douglas Elliman
- Seller's Representatives: H. Blair Chang & Mauricio Umansky - The Agency
- Market: Los Angeles
- Square Footage: 9,690
- Price per Square Foot: $2,301
Sean Kia, co-founder of Tides Equities, recently sold the renovated Brentwood estate after purchasing it for $14.5 million in 2023. His firm is currently involved in multiple lawsuits related to loan defaults, including a notable $32 million recourse claim from Electra Capital concerning Texas apartment properties.
Players
Los Angeles Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.71%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93