Updated Oct 29, 2024
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
About this deal
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.
On the Map
$5,400,000
$900/SF
Single Family Residence
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Players
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $900 per square foot on a published $5.4M for 6,000 square feet (2019).
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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