Updated Dec 21, 2023
Kelly Clarkson Acquires North Hollywood SFR From Douglas Merrill For $5.4M
North Hollywood, Los Angeles, CA, USA
$5,400,000
$1,091/SF
Building Size
4,946 SF
Asset Type
Single Family Residence
Closing
Jun 30, 2020
About this deal
AI
The property involved in this closed transaction is a single-family residence (SFR) located in North Hollywood. The sale was finalized on June 30, 2021, with Kelly Clarkson as the buyer and Douglas Merrill as the seller. The property was sold for a total price of $5,400,000, with a square footage of 4,946. The price per square foot (PPSF) was $1,092.
Summary of transaction details
- Property Type: Single-Family Residence (SFR)
- Transaction Amount: $5,400,000
- Square Footage: 4,946
- Price per Square Foot (PPSF): $1,092
- Buyer: Kelly Clarkson
- Seller: Douglas Merrill
- Date: June 30, 2021
- Market: North Hollywood
Kelly Clarkson, known for her successful music career, purchased the property from Douglas Merrill. The transaction demonstrates Clarkson's investment in real estate in North Hollywood. The purchase price of $5,400,000 reflects the value placed on this particular single-family residence. It is noteworthy that the property spans a substantial square footage of 4,946, making it an attractive investment opportunity in the area.
Players
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.1K per square foot on a published $5.4M for 4,946 square feet (2020).
Browse California single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.94%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93