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Hollywood Hills, Los Angele...

David Sacks Acquires Hollywood Hills SFR From Viewpoint Collection For $23.2M
SOLDSingle Family

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

Sally Forster Jones

Compass

Broker

$556.6M

vol

32 deals

Broker
VC
Viewpoint CollectionSeller

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