Luke Kennard Acquires Tarzana SFR For $5.5M
$5,500,000
$784/SF
Building Size
7,015 SF
Asset Type
Single Family Residence
Closing
Nov 8, 2021
AI
Luke Kennard, a professional basketball player, recently purchased a single-family home in Tarzana. The property, with a size of 7,015 square feet, was sold for a total of $5,500,000. This equates to a price per square foot of $784.
Summary of transaction details
- Property Type: Single-Family Home
- Transaction Amount: $5,500,000
- Market: Tarzana
The buying transaction was facilitated by a team of brokers. Kobi Costa from Compass, Daniel Drantch from Rodeo Realty, and Kevin Stewart & Jon Grauman from Grauman & Rosenfeld Group, representing The Agency, were involved in the deal.
Players
Market 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
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93