Lil Wayne Acquires Hidden Hills SFR For $15.4M With Brokers Marc & Sara Shevin And Aimee Stern
SOLD
$15,400,000
California
See Similar DealsSingle Family12,135 SF
Sold 04/04/2021
SOLD
Lil Wayne Acquires Hidden Hills SFR For $15.4M With Brokers Marc & Sara Shevin And Aimee Stern
Hidden Hills, CA, USA
See Similar DealsSingle Family12,135 SF
Sold 04/04/2021
Summary
CALIFORNIA
Asset Type:Single Family
Price Per Square Foot:$1,269
Total Square Footage:12,135 SF
Transaction Type:Sale
Lil Wayne has recently purchased a Single Family Home (SFR) in Hidden Hills for a staggering price of $15,400,000. Spanning across 12,135 square feet, the property offers ample space for the renowned rapper to enjoy. With a price per square foot of $1,269, this luxurious home showcases the high-end nature of the Hidden Hills market.
Summary of transaction details:
- Property Type: Single Family Home (SFR)
- Transaction Amount: $15,400,000
- Square Footage: 12,135
- Price per Square Foot: $1,269
- Market: Hidden Hills
In this notable real estate transaction, Lil Wayne teamed up with brokers Marc and Sara Shevin from Berkshire Hathaway HomeServices California Properties, as well as Aimee Stern from The Agency. These experienced professionals guided Lil Wayne throughout the purchasing process, leveraging their expertise in the Hidden Hills market to secure this impressive property. The collaboration between Lil Wayne and his brokers exemplifies the importance of knowledgeable real estate representatives in high-profile transactions like this.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$821,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$54,712.96
Cash-on-Cash Return-1.27%
Monthly Debt Service$73,003.86
Annual Debt Service$876,046.28
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