Dan Reynolds Acquires Single Family Property In Los Feliz, LA For $5.8M
Los Feliz, Los Angeles, California, United States
$5,800,000
$966,666/SF
Building Size
6 SF
Asset Type
Single Family Residence
Closing
May 11, 2023
AI
Dan Reynolds, the lead singer of Imagine Dragons, has purchased a single-family property in Los Feliz, LA for a total of $5,800,000. The property spans over 6,136 square feet, resulting in a price per square foot of $945. The transaction took place on September 27, 2022.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $5,800,000
- Square Footage: 6,136
- Price Per Square Foot: $945
- Market: Los Feliz, LA
In this deal, Dan Reynolds was represented by Peter Lorimer from Corcoran Global Living. On the other side, Dorothy Carter and Michael Orland from Douglas Elliman acted as the seller's representatives. It is noteworthy that the property was acquired by Dan Reynolds personally, separate from his professional pursuits in the music industry as the lead singer of Imagine Dragons.
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
2.73%
Cash-on-Cash
-0.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93