Dave Dama Acquires SFR In The Bird Streets For $9.1M
The Bird Streets, Los Angeles, California, United States
$9,126,000
$1,730/SF
Building Size
5,275 SF
Asset Type
—
Closing
Feb 28, 2022
AI
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
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
1.74%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93