Updated Nov 17, 2023
2 Chainz Acquires SFR In Hollywood Hills For $3.8M
Hollywood Hills, Los Angeles, California, United States
$3,800,000
$427/SF
Building Size
8,880 SF
Asset Type
—
Closing
Nov 3, 2022
About this deal
AI
2 Chainz has purchased a single-family residence located in the Hollywood Hills neighborhood. The property, measuring approximately 8,880 square feet, sits on a 0.16-acre lot. The sale took place on March 11, 2022, with an agreed-upon price of $3,800,000. This amounts to a price per square foot of $427.
Summary of transaction details:
- Property Type: Single-Family Residence
- Transaction Amount: $3,800,000
- Market: Hollywood Hills
- Acres: 0.16
This transaction marks the purchase of the property by 2 Chainz. The buyer's representative in this deal was not specified in the available information.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93