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Will & Jada Pinkett Smith Acquire Hidden Hills SFR For $11.3M

Property Image
SOLD
$11,300,000
Mia Pitts
Marc Shevin
Sara Shevin

California

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Single Family10,417 SF
Sold 09/29/2021
the dealplayerscompscontact
Property Image
SOLD

Will & Jada Pinkett Smith Acquire Hidden Hills SFR For $11.3M

Hidden Hills, CA, USA

See Similar Deals
Single Family10,417 SF
Sold 09/29/2021
Mia Pitts
Marc Shevin
Sara Shevin
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Single Family
Price Per Square Foot:$1,084
Total Square Footage:10,417 SF
Transaction Type:Sale

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

Sara Shevin
Berkshire Hathaway HomeServices
Sara Shevin
2 deals$26.7M volume
BROKER
Marc Shevin
Douglas Elliman
Marc Shevin
9 deals$117.8M volume
BROKER
Mia Pitts
Mia Pitts
1 deal$11.3M volume
BROKER

Details

SOLD
IMAGE: Will & Jada Pinkett Smith DATE: 09/29/2021 MARKET: Hidden Hills ASSET TYPE: SFR ~ ACRES: 1.19 BUYER: Will & Jada Pinkett Smith BROKERS: Marc & Sarah Shevin - Berkshire Hathaway HomeServices California Properties; Mia Pitts (Exquisite Life Group) - New Republic Real Estate Group SALE PRICE: $11,300,000 SF: 10,417 ~ PPSF: $1,084

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$40,146.52
Cash-on-Cash Return-1.27%
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