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Dave Dama Acquires SFR In The Bird Streets For $9.1M

Property Image
SOLD
$9,126,000

California

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5,275 SF
Sold 03/01/2022
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Property Image
SOLD

Dave Dama Acquires SFR In The Bird Streets For $9.1M

The Bird Streets, Los Angeles, California, United States

See Similar Deals
5,275 SF
Sold 03/01/2022
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Summary

CALIFORNIA
Price Per Square Foot:$1,730
Total Square Footage:5,275 SF
Transaction Type:Sale

1551 Viewsite Dr. in The Bird Streets has been sold in a closed transaction. The single-family residential property spans 5,275 square feet and was purchased by Dave Dama for a total price of $9,126,000, resulting in a price per square foot of $1,730. The property was listed by Wendi Bromley, Kylie Jenner, and Travis Scott, and the transaction was facilitated by Benjamin Illulian of Illulian Realty as the broker.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $9,126,000
  • SF: 5,275
  • PPSF: $1,730
  • Buyer: Dave Dama
  • Seller: Wendi Bromley, Kylie Jenner & Travis Scott
  • Broker: Benjamin Illulian - Illulian Realty

The successful sale of 1551 Viewsite Dr. was finalized on 03/01/2022. This transaction involved notable individuals, such as Dave Dama as the buyer and Wendi Bromley, Kylie Jenner, and Travis Scott as the sellers. Benjamin Illulian, representing Illulian Realty, played a crucial role as the broker in facilitating this deal.

Players

Benjamin Illulian
16 deals$71.5M volume
BROKER

Details

SOLD
IMAGE: Benjamin Illulian, Travis Scott, Kylie Jenner & Dave Dama DATE: 03/01/2022 ADDRESS: 1551 Viewsite Dr. MARKET: The Bird Streets ASSET TYPE: SFR BUYER: Dave Dama (@DaveDama) SELLER: Wendi Bromley, Kylie Jenner & Travis Scott BROKER: Benjamin Illulian - Illulian Realty (@IllulianRealty) SALE PRICE: $9,126,000 SF: 5,275 ~ PPSF: $1,730

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$486,720.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$32,422.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$43,261.90
Annual Debt Service$519,142.75