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Keke Palmer purchases $1.4M...

Keke Palmer Acquires Studio City SFR For $1.4M
SOLD

Keke Palmer Acquires Studio City SFR For $1.4M

$1,400,000

Building Size

Asset Type

Closing

Dec 17, 2021

AI

Keke Palmer, the well-known actress and singer, has recently purchased a stunning single-family residence (SFR) in Studio City. The property, spanning 2,600 square feet, is located in a desirable neighborhood. The sale price for this transaction was $1,400,000, resulting in a price per square foot of $538.

Summary of transation details

  • Property Type: SFR
  • Transaction Amount: $1,400,000
  • Square Footage: 2,600
  • Price per Square Foot: $538

This deal marks an exciting acquisition for Keke Palmer, who recognized the value of this property in Studio City. With its prime location and spacious square footage, the SFR offers ample space for Palmer to enjoy and create lasting memories.

Players

Market CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.33%

Cash-on-Cash

-3.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93