Sotheby's International Realty Sells Studio City SFR For $7.8M
SOLD
$7,767,000
California
See Similar DealsSingle Family Residence5,186 SF
Sold 07/12/2023
SOLD
Sotheby's International Realty Sells Studio City SFR For $7.8M
11928 Iredell St Studio City, CA 91604, USA
See Similar DealsSingle Family Residence5,186 SF
Sold 07/12/2023
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,497
Total Square Footage:5,186 SF
Transaction Type:Sale
A single-family residential property located at 11928 Iredell Street in Studio City has been sold for a total price of $7,767,000. Spanning a total area of 5,186 square feet, the property boasts a price per square foot of $1,498.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $7,767,000
- Address: 11928 Iredell Street
- Market: Studio City
The transaction was facilitated by Shawn Shirdel and Tyler Neale from Sotheby's International Realty, representing the buyers and sellers in the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$414,240.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$27,594.51
Cash-on-Cash Return-1.27%
Monthly Debt Service$36,819.54
Annual Debt Service$441,834.51
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