Updated Dec 4, 2024
John Fogerty Acquires Sylvester Stallone's Hidden Hills Ranch For $17.2M
$17,200,000
$1,644/SF
Building Size
10,460 SF
Asset Type
Single Family
Closing
Oct 10, 2023
About this deal
AI
John Fogerty, of Creedence Clearwater Revival fame, has purchased Sylvester Stallone's Hidden Hills ranch for $17.2 million. The 2.2-acre property is located in the prestigious market of Hidden Hills and boasts a main house, guesthouse, horse barn, and extensive gardens. The property offers a highly private setting for its new owner.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $17,200,000
- Market: Hidden Hills
- Acres: 2.2
John Fogerty will now be the proud owner of this beautiful ranch, while Sylvester Stallone has successfully sold his property. The transaction took place on 10/10/2023, and the sale price of $17.2 million was below the original asking price of $22.5 million. This deal showcases the successful endeavors of both buyer and seller in the Hidden Hills market.
Market Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $1.6K per square foot on a published $17.2M for 10,460 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.92%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93