Sydney Sweeney & Jonathan Davino Acquire 1930s Bel Air Estate For $6.2M
Bel Air
$6,200,000
$1,384/SF
Building Size
4,477 SF
Asset Type
Single Family Residence
Closing
Jul 25, 2023
AI
Actress Sydney Sweeney and her fiancée Jonathan Davino have purchased a 1930s Bel Air estate for $6.2 million. The property, situated on 1.25 acres of land, offers a prime opportunity for renovation or potential teardown amidst a neighborhood of upscale mansions.
Summary of transaction details
- Property Type: Single Family Residential (SFR)
- Transaction Amount: $6,200,000
- Acreage: 1.25 acres
- Square Footage: 4,477 square feet
- Price Per Square Foot: $1,385
- Market: Bel Air
This acquisition marks a significant move for Sydney Sweeney and Jonathan Davino as they secure their new residence in the prestigious Bel Air neighborhood. The estate, built in the 1930s, presents a unique opportunity for the couple to personalize and transform the property according to their preferences and style. With neighboring mansions boasting luxurious amenities and elegant designs, the estate's location provides a timeless appeal and the potential for a truly remarkable home for the couple.
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
2.56%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93