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Tyga sells Indio home for $...

Updated Sep 9, 2024

Tyga Sells Indio Mansion For $5.1M With Jenell VanDenBos As Seller's Rep
SOLDSingle Family Residence

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

Jenell VanDenBos

Coldwell Banker

Broker

$5.1M

vol

1 deal

Broker

Market Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $894 per square foot on a published $5.1M for 5,700 square feet (2023).

Visit Coldwell Banker to view all their deals.

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

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