Updated Sep 5, 2024
Jon Stryker Acquires Hollywood Hills SFR From Norman Reedus & Diane Kruger For $8.9M
Hollywood Hills, Los Angeles, CA, USA
$8,900,000
$1,151/SF
Building Size
7,732 SF
Asset Type
Single Family
Closing
Aug 22, 2021
About this deal
AI
The property asset involved in this transaction is a single-family residence located in Hollywood Hills. The sale took place on August 22, 2021, and the property was purchased by Jon Stryker. The sellers were Norman Reedus and Diane Kruger. The transaction was facilitated by Wolf Amer and Jon Grauman, who represented the buyers and sellers respectively as brokers from The Agency. The sale price for this property was $8,900,000. The residence has a total area of 7,732 square feet, resulting in a price per square foot of $1,151.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $8,900,000
- Buyer: Jon Stryker
- Seller: Norman Reedus & Diane Kruger
- Brokers: Wolf Amer & Jon Grauman - The Agency
- SF: 7,732
- PPSF: $1,151
Jon Stryker, the buyer, acquired the property from Norman Reedus and Diane Kruger. The deal was facilitated by Wolf Amer and Jon Grauman from The Agency, serving as the respective brokers for the buyer and seller. This transaction highlights the involvement of prominent individuals in the Hollywood Hills property market.
On the Map
$8,900,000
$1,151/SF
Single Family
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Players
Los Angeles Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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About $1.2K per square foot on a published $8.9M for 7,732 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.78%
Cash-on-Cash
-0.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93