Updated Sep 5, 2024
Anwar Hadid Acquires Studio City SFR From Peter Tangen For $2.5M With Crosby Doe & TJ Paradise As Brokers
Studio City, Los Angeles, CA, USA
$2,500,000
$1,744/SF
Building Size
1,433 SF
Asset Type
Single Family
Closing
Jun 17, 2021
About this deal
AI
Anwar Hadid recently purchased a single-family residence (SFR) in Studio City. The property, which was sold by Peter Tangen, was acquired for a price of $2,500,000. The SFR spans across 1,433 square feet, resulting in a price per square foot (PPSF) of $1,744.
Summary of transaction details:
- Property Type: Single-Family Residence (SFR)
- Transaction Amount: $2,500,000
- Market: Studio City
- Date: 06/17/2021
In this transaction, Anwar Hadid acted as the buyer while Peter Tangen served as the seller. The deal was facilitated by Crosby Doe of Crosby Doe Associates and TJ Paradise of Sotheby's International Realty.
Players
Studio City Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $1.7K per square foot on a published $2.5M for 1,433 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93