Nicholas C. Pritzker Acquires Single Family Home In Los Angeles For $12.5M
SOLD
National
See Similar DealsSingle Family2,596 SF
Sold 03/20/2023
Summary
Asset Type:Single Family
Price Per Square Foot:$4,815
Total Square Footage:2,596 SF
Transaction Type:Sale
A single-family property in Los Angeles has been sold for $12,500,000. The property, which spans 2,596 square feet, was purchased by Nicholas C. Pritzker.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $12,500,000
- Date: 03/20/2023
- Market: Los Angeles
The seller of the property was John McIlwee & Bill Damaschke. Representing the buyer, Nicholas C. Pritzker, was Nichole Shanfeld from Carolwood Estates. The seller was represented by Dalton Gomez, Aaron Kirman, and Weston Littlefield from AKGRE Inc | Christie's International Real Estate.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$666,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$44,409.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$59,256.38
Annual Debt Service$711,076.53
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