Updated Dec 4, 2024
Lucy Guo Purchases Modern Farmhouse In West Hollywood For $4.2 Million With Jonathan Carr & Ricarda Rosenstatter As Brokers
848 North Gardner Street
$4,200,000
$887/SF
Building Size
4,732 SF
Asset Type
Single Family
Closing
Sep 18, 2024
About this deal
AI
A modern farmhouse-style home located at 848 North Gardner Street in the Los Angeles market was sold for $4.2 million. The property encompasses 4,732 square feet and features five bedrooms, high-end finishes, a dipping pool, and a rooftop deck with views of the Hollywood Sign.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $4,200,000
- Square Footage: 4,732
- Price Per Square Foot: $888
- Buyer: Lucy Guo - Passes
- Brokers: Jonathan Carr & Ricarda Rosenstatter - The Agency
- Sale Date: 09/18/2024
Entrepreneur Lucy Guo, who is the co-founder of Scale AI and founder of Passes, has added this property to her real estate portfolio, which includes a $6.6 million residence in Miami.
Players
Los Angeles Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $887 per square foot on a published $4.2M for 4,732 square feet (2024).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93