Charles Melton Acquires Silver Lake SFR For $3M With Luisa Ferrante & Tyler Jacobs - Sotheby’s Intl Realty
Silver Lake, Los Angeles, CA, USA
$3,000,000
$832/SF
Building Size
3,602 SF
Asset Type
Single Family Residence
Closing
Oct 15, 2021
AI
Located in the highly sought-after neighborhood of Silver Lake, this single-family residence (SFR) has recently changed hands in a closed transaction. The property encompasses approximately 3,602 square feet and boasts an impressive price per square foot of $832. The sale occurred on October 15, 2021, and the transaction involved actor Charles Melton as the buyer.
Summary of transaction details
- Property Type: SFR
- Sale Price: $3,000,000
- Market: Silver Lake
Assisting Charles Melton in this real estate deal were Luisa Ferrante and Tyler Jacobs from Sotheby’s International Realty, who acted as brokers representing the buyer. Their expertise and guidance ensured a seamless transaction for all parties involved.
Players
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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93