David Sacks Acquires Hollywood Hills SFR From Viewpoint Collection For $23.2M
Hollywood Hills, Los Angeles, CA, USA
$23,200,000
$2,074/SF
Building Size
11,184 SF
Asset Type
Single Family
Closing
Sep 3, 2021
AI
A property in Hollywood Hills has been sold for a staggering price of $23,200,000. This single-family residence (SFR) spans across 11,184 square feet and sits on a spacious lot of 0.89 acres. The property, known for its remarkable features, was purchased by David Sacks.
Summary of transaction details
- Property Type: Single Family Residence (SFR)
- Transaction Amount: $23,200,000
- Location: Hollywood Hills
- Lot Size: 0.89 acres
- Square Footage: 11,184
In this deal, David Sacks emerged as the buyer. The seller of the property is Viewpoint Collection. The transaction was facilitated by a team of brokers including Tyrone McKillen, Sally Forster Jones, and Tomer Fridman from Compass, as well as Michael Eisenberg from Keller Williams. These professionals played a key role in ensuring the successful completion of the sale.
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
0.68%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93