Brunello Cucinelli Acquires Single Family Home In Hollywood Hills For $5M
Hollywood Hills, Los Angeles, CA
$5,000,000
$655/SF
Building Size
7,624 SF
Asset Type
Single Family
Closing
Nov 16, 2022
AI
Brunello Cucinelli has purchased a single-family property located in Hollywood Hills, Los Angeles, CA. The property was sold by Robert A. Geary. The transaction took place on November 16, 2022, with a sale price of $5,000,000. The property spans 3,812 square feet and has a price per square foot of $1,312. The lot size is 7,442 square feet, with a price per square foot of $672.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $5,000,000
- Buyer: Brunello Cucinelli
- Seller: Robert A. Geary
- Buyer's Rep: Brent Watson & Marco Salari - Coldwell Banker Realty
- Seller's Rep: Susan Andrews & Justin Roberts - Compass
The deal was facilitated by Brent Watson and Marco Salari from Coldwell Banker Realty, representing the buyer, Brunello Cucinelli. On the seller's side, Susan Andrews and Justin Roberts from Compass acted as the seller's representatives. This transaction showcases the involvement of these key individuals and companies in the real estate deal.
Players
Los Angeles 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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93