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Playa Del Rey

Tom Shadyac Acquires Single Family Home In Playa Del Rey For $4.1M
SOLDSingle Family Residence

Tom Shadyac Acquires Single Family Home In Playa Del Rey For $4.1M

Playa Del Rey

$4,100,000

$1,412/SF

Building Size

2,902 SF

Asset Type

Single Family Residence

Closing

Jun 13, 2023

AI

Director Tom Shadyac has recently purchased a Cape Cod-style property in Playa del Rey for $4.1 million. The single-family home boasts vintage wood details and offers ample outdoor spaces for lounging and entertaining. With a total of three bedrooms, this charming residence is a perfect blend of classic design and modern amenities.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $4,100,000
  • Square Footage: 2,902
  • Price Per Square Foot: $1,412
  • Market: Playa Del Rey

In this deal, Tom Shadyac acted as both the buyer and the seller. Previously, he sold his Hollywood Hills home for $2.6 million, showcasing his keen interest in real estate investments. The purchase of the Cape Cod-style property in Playa del Rey demonstrates Shadyac's preference for a cozy and elegant living space, characterized by vintage wood accents and ample outdoor areas for relaxation and socializing.

Players

Tom Shadyac

Buyer

$6.7M

vol

2 deals

Buyer

Market Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.87%

Cash-on-Cash

-1.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93