Khosro Khatibi Acquires West LA Condo From Massimo Mioni
12026 Rhode Island Ave, Los Angeles, CA, USA
$1,152,000
$648/SF
Building Size
1,777 SF
Asset Type
—
Closing
Feb 4, 2021
AI
A condo located at 12026 Rhode Island Ave PH5 in West LA was recently sold for $1,152,000. The property has a total square footage of 1,777, resulting in a price per square foot of $649.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,152,000
- Address: 12026 Rhode Island Ave PH5
- Market: West LA
The buyer of the condo was Khosro Khatibi, while the seller was Massimo Mioni. Omid Shokoufandeh from Shook217 represented the buyer, and Kenny Dervishi and Hatim Zaki represented the seller in this transaction.
Players
Los Angeles 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
13.77%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93