Updated Sep 9, 2024
Destin Daniel Cretton Acquires Altadena SFR For $1.7M
Altadena, CA, USA
$1,700,000
$783/SF
Building Size
2,170 SF
Asset Type
Single Family Residence
Closing
Jul 22, 2021
About this deal
AI
Destin Daniel Cretton and Nikki Chapman have purchased a single-family home in Altadena. The property, with a total area of 2,170 square feet, was sold for $1,700,000. This translates to a price per square foot of $783.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $1,700,000
- Market: Altadena
- Buyer: Destin Daniel Cretton & Nikki Chapman
- Brokers: Jermayne Shannon - Compass; Nikki Joel - The Agency
- Square Feet: 2,170
- Price per Square Foot: $783
The buyer in this transaction is Destin Daniel Cretton, known for their work in the film industry, and Nikki Chapman. The deal was facilitated by Jermayne Shannon from Compass and Nikki Joel from The Agency.
Players
Altadena Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $783 per square foot on a published $1.7M for 2,170 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93