Updated Sep 9, 2024
Tyga Sells Indio Mansion For $5.1M With Jenell VanDenBos As Seller's Rep
$5,100,000
$894/SF
Building Size
5,700 SF
Asset Type
Single Family Residence
Closing
Aug 19, 2023
About this deal
AI
Rapper Tyga has sold his mansion located in Indio, CA, for a staggering $5.1 million. The property, which was purchased by Tyga in 2020 for $3.9 million, proved to be a lucrative investment. Spanning across 6,000 square feet, the waterfront estate boasts four bedrooms, 5.5 bathrooms, and offers impressive features including a spacious kitchen and a living room with access to an outdoor lounge area with breathtaking water views. Situated just 20 minutes away from Palm Springs, this exquisite mansion is a true gem.
Summary of transaction details
- Property Type: Single Family Residential (SFR)
- Transaction Amount: $5,100,000
- Square Footage: 5,700
- Price per square foot: $895
- Market: Indio
- Acres: 0.69
Jenell VanDenBos, representing Coldwell Banker, played a crucial role as the broker in this deal. Her expertise and negotiation skills contributed to the successful sale of Tyga's mansion. This transaction highlights the collaboration between Tyga and Jenell VanDenBos, resulting in a significant profit for the rapper. The location of the property, with its proximity to Palm Springs, offers a desirable lifestyle and adds to its appeal for potential buyers.
Players
Market Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.11%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93