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George Ouzounian & Gina Michelle Acquire SFR In Studio City For $5.995M

Property Image
SOLD
$5,995,000
Alphonso Lascano
Gina Michelle
+ 1

California

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4,704 SF
Sold 09/17/2021
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Property Image
SOLD

George Ouzounian & Gina Michelle Acquire SFR In Studio City For $5.995M

11480 Amanda Drive, Studio City, California 91604, United States

See Similar Deals
4,704 SF
Sold 09/17/2021
Alphonso Lascano
Gina Michelle
+ 1
Contact now

Summary

CALIFORNIA
Price Per Square Foot:$1,274
Total Square Footage:4,704 SF
Transaction Type:Sale

The property involved in this transaction is a single-family home located at 11480 Amanda Dr. in Studio City. The property spans 4,704 square feet and was sold for a price of $5,995,000, resulting in a price per square foot of $1,274.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $5,995,000
  • Square Footage: 4,704
  • Price per Square Foot: $1,274
  • Address: 11480 Amanda Dr.
  • Market: Studio City

The buyer's representatives in this transaction were George Ouzounian and Gina Michelle from The Agency RE. On the other side, Donovan Healey and Alphonso Lascano from Hilton & Hyland represented the seller. These agents played a crucial role in facilitating the deal.

Players

GO
10 deals$66.3M volume(818) 900-4259
BROKER


Alphonso Lascano
Hilton & Hyland
3 deals$23.2M volume
BROKER

Donovan Healey
Hilton & Hyland
1 deal$6M volume
BROKER

Details

SOLD
IMAGE: George Ouzounian & Gina Michelle DATE: 09/17/2021 ADDRESS: 11480 Amanda Dr. MARKET: Studio City ASSET TYPE: SFR BUYER’S REP: George Ouzounian (@George_Ouzounian) & Gina Michelle (@TheRealGinaMichelle) - The Agency RE SELLER’S REP: Donovan Healey (@DonovanHealey) & Alphonso Lascano - Hilton & Hyland (@HiltonHyland) SALE PRICE: $5,995,000 SF: 4,704 ~ PPSF: $1,274

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$319,733.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$21,298.98
Cash-on-Cash Return-1.27%
Monthly Debt Service$28,419.36
Annual Debt Service$341,032.30