BA Blackstock Acquires Hollywood Hills SFR From Estate Of Erick Morillo For $9.4M
Hollywood Hills, Los Angeles, CA, USA
$9,400,000
$2,069/SF
Building Size
4,543 SF
Asset Type
Single Family
Closing
Sep 4, 2021
AI
The recently sold property in Hollywood Hills, a single-family residence with a land area of 0.82 acres, has been acquired by BA Blackstock. The property, located at an undisclosed address, was sold by the Estate of Erick Morillo. The transaction was facilitated by the brokers involved, namely Jason Oppenheim from The Oppenheim Group and Josh & Matt Altman from Douglas Elliman's Altman Brothers Team. The sales price for this property was $9,400,000, with a total square footage of 4,543 and a price per square foot of $2,069.
Summary of transaction details
- Property Type: Single-Family Residence (SFR)
- Sale Price: $9,400,000
- Square Footage: 4,543
- Price Per Square Foot: $2,069
- Acres: 0.82
- Buyer: BA Blackstock
- Seller: Estate of Erick Morillo
- Brokers: Jason Oppenheim - The Oppenheim Group; Josh & Matt Altman - Douglas Elliman
BA Blackstock, the buyer in this transaction, has made a significant investment in the Hollywood Hills area. The property, previously owned by the Estate of Erick Morillo, offers a spacious living area with a square footage of 4,543, creating ample room for comfortable living. The deal was successfully closed thanks to the efforts of the brokers involved, Jason Oppenheim and Josh & Matt Altman, who meticulously facilitated the transaction to ensure a smooth process for both the buyer and the seller.
Players
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
1.69%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93