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Chandler Parsons buys Hidde...

Chandler Parsons Acquires Single Family Property In Hidden Hills For $12.75M
SOLDSingle Family

Chandler Parsons Acquires Single Family Property In Hidden Hills For $12.75M

$12,750,000

$1,192/SF

Building Size

10,688 SF

Asset Type

Single Family

Closing

Dec 19, 2022

AI

A single-family property located in Hidden Hills has been sold in a recent transaction. The property spans approximately 1.07 acres and features a total of 10,688 square feet. The sale took place on December 19, 2022, with a sale price of $12,750,000. This equates to a price per square foot of $1,193.

Summary of transaction details:

  • Property Type: Single Family
  • Sale Price: $12,750,000
  • Square Footage: 10,688
  • Price Per Square Foot: $1,193
  • Market: Hidden Hills
  • Acres: 1.07

The buyer of the property is Chandler Parsons, a notable NBA player. Representing the buyer in this transaction is Jamison Malone from Sync Brokerage, Inc. On the seller's side, the representatives are Gabriella Lovkvist and Aaron Kirman from Compass.

Players

Aaron Kirman

Christie's International Real Estate

Broker

$947.4M

vol

44 deals

Broker

Chandler Parsons

Buyer

$20.8M

vol

2 deals

Buyer

Market Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.24%

Cash-on-Cash

-0.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93