Michael Chow Acquires SFR From Katy Perry For $9.4M With Brokers Ernie Carswell & Christopher Pickett, Jacob Greene, The Altman Brothers
Los Angeles Street
$9,404,000
$40,360/SF
Building Size
233 SF
Asset Type
Single Family Residence
Closing
Mar 4, 2019
AI
Katy Perry has sold her SFR property for a staggering $9,404,000. The property spans over 2.33 acres, offering ample space for potential development or personal enjoyment. The transaction took place on 03/04/2019, marking a significant step in the real estate market.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $9,404,000
- Size: 2.33 acres
The buyer of this remarkable property is Michael Chow, known as @MrChow on Instagram. Meanwhile, Katy Perry, the renowned singer and songwriter, acted as the seller in this transaction. The deal was facilitated by Ernie Carswell and Christopher Pickett, representing the buyer's interests, along with Jacob Greene and The Altman Brothers from Douglas Elliman, who represented the seller.
Players
Rocha 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
1.69%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93