Updated Sep 9, 2024
Dwyane Wade & Gabrielle Union Sell Sherman Oaks SFR For $5.5M
Sherman Oaks, Los Angeles, CA, USA
$5,500,000
$635/SF
Building Size
8,650 SF
Asset Type
Single Family
Closing
May 26, 2021
About this deal
AI
Dwyane Wade and Gabrielle Union have sold their single-family residence (SFR) located in Sherman Oaks. The property, spanning 8,650 square feet, was sold for $5,500,000, resulting in a price per square foot (PPSF) of $635.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $5,500,000
- Square Feet: 8,650
- Price per Square Foot: $635
- Market: Sherman Oaks
This notable sale was facilitated by a team of brokers representing the sellers. Anna Marie Simpliciano from Hilton & Hyland, Althea Bowman from B&B Investments, and Xue Wang from Harvest Realty Development played crucial roles in the transaction.
Players
Sherman Oaks Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93