Candace Parker Acquires Tarzana SFR For $4M
SOLD
$4,000,000
+ 1
California
See Similar DealsSingle Family Residence6,566 SF
Sold 12/27/2020
SOLD
Candace Parker Acquires Tarzana SFR For $4M
Tarzana, Los Angeles, CA, USA
See Similar DealsSingle Family Residence6,566 SF
Sold 12/27/2020
+ 1
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$609
Total Square Footage:6,566 SF
Transaction Type:Sale
A single-family home located in Tarzana has been sold for a price of $4,000,000. The property spans 6,300 square feet, resulting in a price per square foot of $634. The transaction took place on December 27, 2020.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $4,000,000
- Market: Tarzana
- Buyer: Candace Parker
- Brokers: Lillian Wall - Wall Street Properties, Stephen Sweeney & Josh Altman - Douglas Elliman
Candace Parker, a professional basketball player, acquired the property. The deal was facilitated by Lillian Wall from Wall Street Properties, alongside Stephen Sweeney and Josh Altman from Douglas Elliman.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$213,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,211.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,962.04
Annual Debt Service$227,544.49
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