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Brad Pitt Acquires Los Feliz Single Family Property For $5.5M
SOLD
California
See Similar DealsSingle Family Residence2,092 SF
Sold 04/05/2023
SOLD
Brad Pitt Acquires Los Feliz Single Family Property For $5.5M
Los Feliz
See Similar DealsSingle Family Residence2,092 SF
Sold 04/05/2023
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$2,629
Total Square Footage:2,092 SF
Transaction Type:Sale
The recently closed transaction in Los Feliz involves a single-family property located at 2300 N Edgemont Street. This property, sitting on approximately 0.29 acres, has been sold for a total price of $5,500,000. Spanning across 2,092 square feet, the property was purchased by Brad Pitt from Aileen Getty.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $5,500,000
- Address: 2300 N Edgemont Street
- Market: Los Feliz
- Property Size: 0.29 acres
Brad Pitt, renowned actor, acquired this sought-after property. The sale price of $5,500,000 reflects a price per square foot of $2,629.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$293,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$19,540.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$26,072.81
Annual Debt Service$312,873.67
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