Blake Griffin Acquires Brentwood SFR For $5.9M With David Berg - Compass
Brentwood, Los Angeles, CA, USA
$5,900,000
$620/SF
Building Size
9,504 SF
Asset Type
Single Family Residence
Closing
Dec 2, 2020
AI
The recently closed property transaction in Brentwood involved the sale of a single-family residence (SFR) owned by Blake Griffin. The property, spanning an area of 5,893 square feet, was sold for a price of $5,900,000, resulting in a per square foot price of $1,001. The transaction took place on December 3, 2020. The sale was facilitated by David Berg, a representative from Compass.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $5,900,000
- Square Footage: 5,893
- Price per Square Foot: $1,001
- Transaction Date: December 3, 2020
- Market: Brentwood
In this transaction, Blake Griffin acted as the buyer of the single-family residence. Assisting him in the deal was David Berg, who represented him as a broker from Compass. The sale not only showcases Griffin's interest in the property market but also highlights Berg's role as a broker in facilitating high-value transactions.
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
2.69%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93