Zack Greinke Sells Studio City SFR For $4.75M With The Agency Brokers
SOLD
$4,750,000
California
See Similar DealsSingle Family8,400 SF
Sold 05/17/2021
SOLD
Zack Greinke Sells Studio City SFR For $4.75M With The Agency Brokers
Studio City, Los Angeles, CA, USA
See Similar DealsSingle Family8,400 SF
Sold 05/17/2021
Summary
CALIFORNIA
Asset Type:Single Family
Price Per Square Foot:$565
Total Square Footage:8,400 SF
Transaction Type:Sale
A single-family residence (SFR) in Studio City has been sold for a price of $4,750,000. The property, owned by Zack Greinke, covers an area of 8,400 square feet, resulting in a price per square foot (PPSF) of $565. Located in the market of Studio City, this transaction took place on May 17, 2021.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $4,750,000
- SF: 8,400
- PPSF: $565
- Seller: Zack Greinke
- Brokers: Irene Dazzan-Palmer, Craig Knizek & Andre Warren - The Agency
The sale of this SFR exemplifies a significant transaction in the Studio City market. Zack Greinke, the seller, enlisted the expertise of brokers Irene Dazzan-Palmer, Craig Knizek, and Andre Warren from The Agency to facilitate the deal. Their representation played a crucial role in ensuring a successful sale at the aforementioned price.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$253,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$16,875.76
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,517.42
Annual Debt Service$270,209.08
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