Keke Palmer Acquires Studio City SFR For $1.4M
$1,400,000
Building Size
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Asset Type
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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