Lauren Schmidt Hissrich & Michael Hissrich Acquire SFR In Studio City For $4.4M
SOLD
$4,425,000
California
See Similar DealsSingle Family Residence6,404 SF
Sold
SOLD
Lauren Schmidt Hissrich & Michael Hissrich Acquire SFR In Studio City For $4.4M
4233 Irvine Ave, Studio City, CA, USA
See Similar DealsSingle Family Residence6,404 SF
Sold
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$691
Total Square Footage:6404 SF
Transaction Type:Sale
The property involved in this transaction is a single-family home located at 4233 Irvine Ave in Studio City. The property spans 6,404 square feet and was sold at a price of $4,425,000, resulting in a price per square foot of $690.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $4,425,000
- Address: 4233 Irvine Ave
- Market: Studio City
Lauren Schmidt Hissrich and Michael Hissrich were the buyers in this transaction. The brokers involved in the deal were Andrew Dinsky from Keller Williams Realty and Nicole Nash from Rodeo Realty.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$235,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,721.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,976.76
Annual Debt Service$251,721.09
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