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
Market Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
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