Chord Overstreet Sells Beachwood Canyon SFR For $1.6M With Eli Karon - Douglas Elliman
SOLD
$1,600,000
California
See Similar DealsSingle Family Residence1,657 SF
Sold 02/03/2021
SOLD
Chord Overstreet Sells Beachwood Canyon SFR For $1.6M With Eli Karon - Douglas Elliman
3076 Durand Dr, Los Angeles, CA, USA
See Similar DealsSingle Family Residence1,657 SF
Sold 02/03/2021
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$965
Total Square Footage:1,657 SF
Transaction Type:Sale
A single-family residence (SFR) located at 3076 Durand Dr. in Beachwood Canyon was recently sold for $1,600,000. The property spans a total of 1,657 square feet, resulting in a price per square foot of $965.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $1,600,000
- Address: 3076 Durand Dr.
- Market: Beachwood Canyon
The seller of the property was Chord Overstreet, a notable individual in the entertainment industry. Representing the seller in this deal was Eli Karon of Douglas Elliman.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$85,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,684.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,584.82
Annual Debt Service$91,017.80
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