Morgan Brown & Gerard Butler Sell Single Family Home In West Hollywood For $16.55M With Compass Brokers Alyson Richards & Carl Gambino
948 North Orlando Avenue
$16,550,000
$1,743/SF
Building Size
9,495 SF
Asset Type
Single Family
Closing
Nov 15, 2022
AI
The single-family property located at 948 N Orlando Ave in West Hollywood, LA has been sold in a recent transaction. The property spans 9,495 square feet and was sold at a price of $16,550,000, resulting in a price per square foot of $1,743. The property boasts impressive features and is situated in a desirable market.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $16,550,000
- Square Footage: 9,495
- Price Per Square Foot: $1,743
- Address: 948 N Orlando Ave, West Hollywood, LA
The sellers of the property are Morgan Brown and Gerard Butler. They were represented in the deal by Alyson Richards and Carl Gambino from Compass. The involvement of these experienced brokers ensured a smooth transaction and successful outcome for all parties involved.
Players
West Hollywood 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
0.96%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93