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Studio City

Updated Nov 24, 2023

Arctic Monkeys Drummer Matt Helders Purchases Remodeled Studio City Ranch Home For $3.6M
SOLD

Arctic Monkeys Drummer Matt Helders Purchases Remodeled Studio City Ranch Home For $3.6M

Studio City

Building Size

—

Asset Type

—

Closing

Jun 13, 2023

About this deal

AI

Arctic Monkeys drummer Matt Helders has purchased a remodeled ranch-style home in Studio City, Los Angeles, for a price of over $3.6 million. The single-family property, situated on approximately 0.28 acres of land, boasts midcentury architecture and features open-concept interiors. The 3,388 square foot residence comprises four bedrooms and offers a backyard complete with a pool and spa that overlooks the canyon.

Summary of Transaction Details:

  • Property Type: Single Family
  • Transaction Amount: $3,647,225
  • Market: Studio City
  • Acres: 0.28

In this deal, Matt Helders enlisted the services of Davis & Jonathan Nash from Carolwood Estates as his buyer's representatives. Ari Afshar from Compass and Michael J. Okun from Sotheby’s International Realty acted as the seller's representatives in the transaction.

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Deal FAQ

Arctic Monkeys Drummer Matt Helders bought a home in Studio City in 2023. The full closing is on this page.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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