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Hollywood Hills, Los Angele...

Jon Stryker Acquires Hollywood Hills SFR From Norman Reedus & Diane Kruger For $8.9M
SOLDSingle Family

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

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.

Players

Jon Grauman

Resident Group

Broker

$142M

vol

13 deals

Broker

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

1.78%

Cash-on-Cash

-0.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93