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Studio City

Updated Nov 17, 2023

Marshmello Doubles Real Estate Holdings With $2.3M Studio City Purchase From Zach Woods
SOLDSingle Family Residence

Marshmello Doubles Real Estate Holdings With $2.3M Studio City Purchase From Zach Woods

Studio City

$2,300,000

$1,139/SF

Building Size

2,019 SF

Asset Type

Single Family Residence

Closing

Apr 13, 2023

About this deal

AI

EDM DJ Marshmello, also known as Chris Comstock, has expanded his real estate portfolio by acquiring two impressive properties in Studio City, Los Angeles. One of the houses, located in this sought-after neighborhood, was purchased from actor Zach Woods. The property had previously been bought by Woods for $1.7 million just two years prior. Marshmello paid $2.3 million for the French Provincial sanctuary, showcasing his investment in the luxury housing market.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $2,300,000
  • Square Footage: 2,019
  • Price per Square Foot: $1,139
  • Lot Size: 5,997 square feet
  • Price per Lot Square Foot: $384
  • Market: Studio City

This exquisite property offers three bedrooms and 2.5 baths, providing a perfect blend of comfort and style. Notable features include a contemporary kitchen with bespoke Italian cabinetry and a refreshing swimming pool surrounded by lush potted plants. The property's serene ambiance allows Marshmello to relax and unwind in the midst of his busy career as a world-renowned DJ.

Players

Los Angeles Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $1.1K per square foot on a published $2.3M for 2,019 square feet (2023).

Browse Los Angeles single family residence sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.90%

Cash-on-Cash

-1.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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