Will & Jada Pinkett Smith Acquire Hidden Hills SFR For $11.3M
Hidden Hills, CA, USA
$11,300,000
$1,084/SF
Building Size
10,417 SF
Asset Type
Single Family
Closing
Sep 29, 2021
AI
A stunning SFR property situated on 1.19 acres in Hidden Hills has been sold for a whopping $11,300,000. The property, owned by Will & Jada Pinkett Smith, boasts a spacious 10,417 square feet of living space. With a price per square foot of $1,084, this impressive estate offers luxurious and comfortable living in an exclusive neighborhood.
Summary of Transaction Details
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $11,300,000
- Market: Hidden Hills
- Acres: 1.19
The deal was facilitated by the reputable real estate brokers, Marc & Sarah Shevin, from Berkshire Hathaway HomeServices California Properties. Additionally, Mia Pitts, from New Republic Real Estate Group's Exquisite Life Group, represented the buyers, Will & Jada Pinkett Smith. These expert brokers played an integral role in ensuring a smooth and successful transaction between the parties involved.
Players
Hidden Hills 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
1.40%
Cash-on-Cash
-0.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93