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Morgan Brown & Gerard Butler Sell Single Family Home In West Hollywood For $16.55M With Compass Brokers Alyson Richards & Carl Gambino

Property Image
SOLD
$16,550,000
Carl Gambino

California

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Single Family9,495 SF
Sold 11/15/2022
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Property Image
SOLD

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

See Similar Deals
Single Family9,495 SF
Sold 11/15/2022
Carl Gambino
Contact now

Summary

CALIFORNIA
Asset Type:Single Family
Price Per Square Foot:$1,743
Total Square Footage:9,495 SF
Transaction Type:Sale

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

Carl Gambino
38 deals$479.8M volume
BROKER

Alyson Richards
Compass
3 deals$26M volume(310) 617-7179
BROKER

Details

SOLD
IMAGE: Morgan Brown & Gerard Butler DATE: 11/15/2022 ADDRESS: 948 N Orlando Ave MARKET: West Hollywood, LA ASSET TYPE: Single Family SELLER: Morgan Brown & Gerard Butler BROKERS: Alyson Richards & Carl Gambino - Compass SALE PRICE: $16,550,000 SF: 9,495 ~ PPSF: $1,743

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$882,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$58,798.65
Cash-on-Cash Return-1.27%
Monthly Debt Service$78,455.44
Annual Debt Service$941,465.32