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Hollywood Hills, Los Angele...

Jay Shetty & Radhi Devlukia Acquire Balthazar Getty's Hollywood Hills SFR For $8.4M
SOLDSingle Family

Jay Shetty & Radhi Devlukia Acquire Balthazar Getty's Hollywood Hills SFR For $8.4M

Hollywood Hills, Los Angeles, CA, USA

$8,400,000

$1,272/SF

Building Size

6,600 SF

Asset Type

Single Family

Closing

Sep 27, 2021

AI

Balthazar Getty has sold his Hollywood Hills property to Jay Shetty and Radhi Devlukia. The single-family residence (SFR) is located on a spacious 0.71-acre lot. The transaction took place on September 22, 2021.

Summary of transaction details

  • Property Type: Single-Family Residence (SFR)
  • Transaction Amount: $8,400,000
  • Market: Hollywood Hills
  • Lot Size: 0.71 acres

The 6,600 square-foot property was sold at a price of $1,272 per square foot. The deal was facilitated by brokers Brett Lawyer, Jonah Wilson from Hilton & Hyland, and Branden Williams from The Beverly Hills Estates.

Players

Branden Williams

The Beverly Hills Estates

Broker

$1.2B

vol

49 deals

Broker
Hilton & Hyland
Hilton & HylandBrokerage

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

1.89%

Cash-on-Cash

-0.54%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93