Updated Sep 9, 2024
Mike Majlak Acquires SFR In Studio City For $4.1M
Studio City, California, United States
$4,125,000
$1,356/SF
Building Size
3,041 SF
Asset Type
Single Family Residence
Closing
Jun 13, 2022
About this deal
AI
In a recent transaction in Studio City, a single-family home was sold for a price of $4,125,000. The property spans across 3,041 square feet, resulting in a price per square foot of $1,356. This transaction took place on June 13, 2022.
Summary of transaction details
- Property Type: Single-Family Home
- Transaction Amount: $4,125,000
- Square Footage: 3,041
- Price per Square Foot: $1,356
- Date: June 13, 2022
- Market: Studio City
The buyer of this property was Mike Majlak, known for his show "The Mike Majlak Show". The deal was facilitated by brokers David Parnes and James Harris from The Agency, Christina Collins from Hilton & Hyland, and Jesse Lally and Michelle Saniei Lally from The Beverly Hills Estates.
On the Map
$4,125,000
$1,356/SF
Single Family Residence
View full map
Players
Studio City Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
About $1.4K per square foot on a published $4.1M for 3,041 square feet (2022).
Visit Michelle Saniei Lally to view all their deals.
Browse California single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.85%
Cash-on-Cash
-1.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93