Updated Sep 9, 2024
Bradley Cooper Sells 1920s Venice Bungalow By Buyer Securing It As First Home
Los Angeles
$2,400,000
$1,527/SF
Building Size
1,571 SF
Asset Type
Single Family Residence
Closing
May 4, 2023
About this deal
AI
Under contract is Bradley Cooper's bungalow in Venice, Los Angeles. The single-family home sits on 0.13 acres and boasts lush landscaping, reclaimed-wood ceilings, and concrete floors. With indoor-outdoor living spaces, this 1920s two-bedroom residence has attracted significant attention. Actor Bradley Cooper, who has owned the property since 2004, listed it for $2.4 million and quickly found a buyer. More than 20 parties engaged in a bidding war for the home, resulting in a successful purchase by a buyer looking to make it their first home.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $2,400,000
- Square Footage: 1,571
- Price per Square Foot: $1,528
Diana Braun of Compass represented Bradley Cooper in the transaction, facilitating the successful sale of the bungalow.
Players
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.5K per square foot on a published $2.4M for 1,571 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93