Chris Diamantopoulos & Becki Newton Acquire SFR In Bronson Canyon For $3.9M
2209 Canyon Dr, Los Angeles, CA 90068, USA
$3,900,000
$943/SF
Building Size
4,135 SF
Asset Type
—
Closing
May 26, 2021
AI
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.
Players
Los Angeles CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.07%
Cash-on-Cash
-1.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93