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
Market 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
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93