Updated Nov 17, 2023
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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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