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Studio City, Los Angeles, C...

Lena Waithe Acquires Studio City SFR From Alesso For $6.4M
SOLDSingle Family Residence

Lena Waithe Acquires Studio City SFR From Alesso For $6.4M

Studio City, Los Angeles, CA, USA

$6,400,000

$971/SF

Building Size

6,587 SF

Asset Type

Single Family Residence

Closing

Sep 15, 2021

AI

Lena Waithe has purchased a single-family residence (SFR) in Studio City for a total of $6,400,000. The property spans approximately 6,587 square feet with a price per square foot of $971. The transaction took place on September 15, 2021. The property is located in Studio City, which is known for its vibrant real estate market.

Summary of transaction details:

  • Property Type: Single-Family Residence (SFR)
  • Transaction Amount: $6,400,000
  • Acres: 0.37

Lena Waithe acted as the buyer in this transaction, while Alesso was the seller. The deal was facilitated by a team of brokers including Jason Oppenheim, Emma Hernan, Peter Cornell from The Oppenheim Group, and Daniel Lam from The Agency RE. The involvement of these reputable brokers highlights the importance of experienced professionals in the real estate industry.

Players

Jason Oppenheim

Broker

$115.2M

vol

15 deals

Broker

Studio City Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.48%

Cash-on-Cash

-0.71%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93