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
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