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Cara Delevingne Sells Fire-Damaged Studio City Mansion For $4.6 Million After Blaze
SOLD
$4,600,000
California
See Similar DealsSingle Family6,650 SF
Sold 11/17/2024
SOLD
Cara Delevingne Sells Fire-Damaged Studio City Mansion For $4.6 Million After Blaze
3265 Oakdell Lane
See Similar DealsSingle Family6,650 SF
Sold 11/17/2024
Summary
CALIFORNIA
Asset Type:Single Family
Price Per Square Foot:$691
Total Square Footage:6,650 SF
Transaction Type:Sale
The property involved in the transaction is a single-family home located at 3265 Oakdell Lane in Studio City, encompassing 1.05 acres and measuring 6,650 square feet. It was sold for $4,600,000, translating to $692 per square foot. This mansion was previously affected by fire damage.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $4,600,000
- Market: Studio City
- Seller: Cara Delevingne
- Sale Date: September 17, 2024
- Square Feet: 6,650
- Price Per Square Foot: $692
- Acres: 1.05
The sale was conducted off-market, with the buyer represented by an LLC. The mansion, initially purchased by Cara Delevingne for $7 million in 2019, suffered extensive damage from a blaze in March 2024 and requires significant restoration efforts.
Details
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$245,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$16,342.84
Cash-on-Cash Return-1.27%
Monthly Debt Service$21,806.35
Annual Debt Service$261,676.16
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