Updated Sep 5, 2024
Adut Akech Acquires Studio City SFR For $2.8M
Studio City, Los Angeles, CA, USA
$2,800,000
$933/SF
Building Size
3,000 SF
Asset Type
Single Family
Closing
Sep 2, 2021
About this deal
AI
Adut Akech, the renowned model, has recently purchased a Single Family Residence (SFR) in Studio City. The property, situated on approximately 0.15 acres, boasts a spacious and well-designed interior spanning 3,000 square feet. The transaction took place on September 2, 2021.
Summary of transaction details:
- Property Type: Single Family Residence
- Transaction Amount: $2,800,000
- Square Footage: 3,000
- Price per Square Foot: $933
- Market: Studio City
Dalton Gomez from Compass and Sogol Jafari from Core Real Estate Group represented Adut Akech as her brokers in this purchase. These experienced professionals provided valuable assistance throughout the transaction process, ensuring a smooth and successful acquisition for Adut Akech.
On the Map
$2,800,000
$933/SF
Single Family
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Players
Studio City Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $933 per square foot on a published $2.8M for 3,000 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93