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Steven Bochco's Pacific Pal...

TV Writer Steven Bochco's Former Pacific Palisades Estate Sells For $24.95M With Seller's Rep Aaron Kirman & Dalton Gomez - AKGRE Inc
SOLDSingle Family Residence

TV Writer Steven Bochco's Former Pacific Palisades Estate Sells For $24.95M With Seller's Rep Aaron Kirman & Dalton Gomez - AKGRE Inc

$24,950,000

$2,298/SF

Building Size

10,853 SF

Asset Type

Single Family Residence

Closing

Aug 23, 2023

AI

The former Los Angeles estate of TV writer and producer Steven Bochco, known for shows like "Hill Street Blues" and "NYPD Blue," has been sold for nearly $25 million. The property, located in Pacific Palisades, spans 1.39 acres and features a 7-bedroom main house, guest house, pool, spa, and tennis court. Designed by architect Paul Williams, the estate has recently undergone renovations, making it even more appealing to potential buyers. With a total area of 10,853 square feet, the property offers plenty of space for luxurious living.

Summary of Transaction Details

  • Property Type: Single Family Residential (SFR)
  • Transaction Amount: $24,950,000
  • Market: Pacific Palisades
  • Size: 1.39 acres

In this high-value transaction, the seller, Steven Bochco, was represented by Aaron Kirman and Dalton Gomez of AKGRE Inc. On the buyer's side, Haya Handel and Gary Barkin from Compass served as the representatives. The sale, which took place on August 23, 2023, showcases the collaboration between these industry experts to successfully close the deal.

Players

Aaron Kirman

Christie's International Real Estate

Broker

$900.5M

vol

43 deals

Broker

Market Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.64%

Cash-on-Cash

-0.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93