Chris Diamantopoulos & Becki Newton Acquire SFR In Bronson Canyon For $3.9M
SOLD
$3,900,000
California
See Similar Deals4,135 SF
Sold 05/27/2021
SOLD
Chris Diamantopoulos & Becki Newton Acquire SFR In Bronson Canyon For $3.9M
2209 Canyon Dr, Los Angeles, CA 90068, USA
See Similar Deals4,135 SF
Sold 05/27/2021
Summary
CALIFORNIA
Price Per Square Foot:$943
Total Square Footage:4,135 SF
Transaction Type:Sale
Located in Bronson Canyon, the property at 2209 Canyon Dr. was recently sold in a residential transaction. Spanning across 4,135 square feet, this single-family home offers ample space for its new owners, Chris Diamantopoulos and Becki Newton. The property was purchased from Craig Ferguson for a total of $3,900,000, resulting in a price per square foot of $943.
Summary of Transaction Details
- Property Type: SFR
- Transaction Amount: $3,900,000
- Address: 2209 Canyon Dr.
- Market: Bronson Canyon
Representing the buyer's interests in this deal were Chris Diamantopoulos and Becki Newton, who acquired this spacious residence for their own purposes. On the seller's side, Craig Ferguson facilitated the transaction. Their roles as buyer and seller, respectively, played a significant role in the successful conclusion of this real estate transaction.
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$208,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,855.87
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,487.99
Annual Debt Service$221,855.88
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