Updated Sep 9, 2024
Bazzi Acquires Hollywood Hills SFR For $3M With Broker Carl Gambino - Compass
$3,000,000
$965/SF
Building Size
3,108 SF
Asset Type
Single Family
Closing
Nov 30, 2020
About this deal
AI
Bazzi, the popular singer, has recently purchased a single-family residence in the Hollywood Hills market. The property, measuring approximately 3,108 square feet, was sold for a price of $3,000,000. This translates to a price per square foot of $965. The transaction took place on November 30, 2020.
Summary of transation details
- Property Type: Single-Family Residence
- Transaction Amount: $3,000,000
- Market: Hollywood Hills
- Buyer: Bazzi
- Broker: Carl Gambino - Compass
- Square Footage: 3,108
- Price Per Square Foot: $965
Bazzi was represented in the deal by his broker Carl Gambino from Compass. The acquisition of this property in the renowned Hollywood Hills market showcases Bazzi's notable investment in real estate. This transaction adds to his impressive portfolio of assets.
Players
Market 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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93