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Shawn Mendes Acquires Single Family Property In Beverly Grove, Los Angeles For $4.6M
SOLD
$4,600,000
California
See Similar DealsSingle Family3,880 SF
Sold 11/15/2022
SOLD
Shawn Mendes Acquires Single Family Property In Beverly Grove, Los Angeles For $4.6M
6611 Colgate Ave,Beverly Grove, Los Angeles, CA
See Similar DealsSingle Family3,880 SF
Sold 11/15/2022
Summary
CALIFORNIA
Asset Type:Single Family
Price Per Square Foot:$1,185
Total Square Footage:3,880 SF
Transaction Type:Sale
A single-family home located at 6611 Colgate Ave in Beverly Grove, Los Angeles, CA has been sold for $4,600,000. The property spans 3,880 square feet and was purchased by Shawn Mendes. The sale price per square foot is $1,186. The lot size is 6,271 square feet, resulting in a price per lot square foot of $734.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $4,600,000
- Property Square Footage: 3,880
- Price Per Square Foot: $1,186
- Lot Square Footage: 6,271
- Price Per Lot Square Foot: $734
Shawn Mendes, a real estate buyer, acquired the property. No additional information about the deal has been provided.
Details
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Deal Type
30 years
10 years
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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