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Wassim Slaiby buys Woodland...

Wassim Sal Slaiby Acquires Woodland Hills Mansion For $9.8M
SOLDSingle Family

Wassim Sal Slaiby Acquires Woodland Hills Mansion For $9.8M

$9,750,000

$957/SF

Building Size

10,181 SF

Asset Type

Single Family

Closing

Aug 1, 2023

AI

A Los Angeles mansion in Woodland Hills has recently been sold for $9.8 million. The property, originally purchased for $1.5 million in 2018, underwent extensive renovations and expansions. Spanning 10,181 square feet, the single-family home is situated on a 0.79-acre lot. It offers modern amenities such as a basketball court, putting green, pool, spa, and a soundproof movie theater.

Summary of transaction details:

  • Property Type: Single Family
  • Sale Price: $9,750,000
  • Square Footage: 10,181
  • Price per Square Foot: $958
  • Market: Woodland Hills

The buyer of the property is Wassim "Sal" Slaiby, a music executive known for managing The Weeknd. Represented by Samantha Mitchell of Keller Williams Realty Calabasas, Slaiby seized the opportunity to acquire this magnificent estate. On the selling side, Ailine Vakian from Pinnacle Estate Properties and Jourdan Lee Khoo from AKG Christie's International Real Estate represented the interests of the seller.

Players

Jourdan Lee Khoo

Christie's International Real Estate

Broker

$18M

vol

2 deals

Broker

Market 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

1.63%

Cash-on-Cash

-0.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93