Tristan Thompson Acquires Hidden Hills Single Family For $12.5M
SOLD
$12,500,000
National
See Similar DealsSingle Family10,584 SF
Sold 12/19/2022
SOLD
Tristan Thompson Acquires Hidden Hills Single Family For $12.5M
Single Family10,584 SF
Sold 12/19/2022
Summary
Asset Type:Single Family
Price Per Square Foot:$1,181
Total Square Footage:10,584 SF
Transaction Type:Sale
A single-family property located in Hidden Hills has been sold for a price of $12,500,000. The property, spanning over 1.39 acres, offers 10,584 square feet of living space. This transaction took place on December 19, 2022. The property was acquired by Tristan Thompson, a former NBA player.
Summary of transaction details:
- Property Type: Single Family
- Sale Price: $12,500,000
- Market: Hidden Hills
- Asset Size: 1.39 acres
Tristan Thompson, the former NBA player, represented by Tomer Fridman from Compass, served as the buyer in this transaction. On the other hand, Marc Shevin and Hanna Shevin from Berkshire Hathaway HomeServices acted as the seller's representatives. The price per square foot for this transaction was approximately $1,181.
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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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