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2209 Canyon Dr, Los Angeles...

Updated Dec 20, 2023

Chris Diamantopoulos & Becki Newton Acquire SFR In Bronson Canyon For $3.9M
SOLD

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

About this deal

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.

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$3,900,000

$943/SF

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Los Angeles CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $943 per square foot on a published $3.9M for 4,135 square feet (2021).

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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

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