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Los Feliz, Los Angeles, CA,...

Ross Duffer Acquires Anine Bing's Los Feliz SFR For $5.4M
SOLDSingle Family Residence

Ross Duffer Acquires Anine Bing's Los Feliz SFR For $5.4M

Los Feliz, Los Angeles, CA, USA

$5,400,000

$900/SF

Building Size

6,000 SF

Asset Type

Single Family Residence

Closing

Jan 10, 2019

AI

Anine Bing, a renowned fashion designer and entrepreneur, has sold her stunning single-family residence in Los Feliz. The property, located in the coveted Los Feliz neighborhood, was purchased by Ross Duffer, the creator of the popular Netflix series "Stranger Things."

Summary of transation details

  • Property Type: Single-Family Residence
  • Transaction Amount: $5,400,000
  • Market: Los Feliz

The spacious residence spans approximately 6,000 square feet, providing ample space for comfortable living. The sale price of $5,400,000 reflects a price per square foot of $900. This transaction showcases the desirability of properties in the Los Feliz market, as well as the enduring popularity of the "Stranger Things" creator in the entertainment industry.

With this transaction, Ross Duffer further establishes his investment in the Los Feliz neighborhood, adding to his impressive real estate portfolio. Anine Bing, on the other hand, successfully concludes this transaction, allowing her to focus on her successful fashion brand and upcoming ventures.

Players

Hilton & Hyland
Hilton & HylandBrokerage
EXP Realty
EXP RealtyBrokerage
Compass
CompassBrokerage

Anine Bing

Seller

$5.4M

vol

2 deals

Seller

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

2.94%

Cash-on-Cash

-0.84%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93