Updated Dec 21, 2023
James Sturn Acquires Condo In Hawthorne From Daniel Ahern For $1.3M
5449 Strand, Hawthorne, California 90250, United States
$1,300,000
$637/SF
Building Size
2,040 SF
Asset Type
—
Closing
Aug 16, 2022
About this deal
AI
Located at 5449 Strand in Hawthorne, this condo was recently sold in a closed transaction. The property offers 2,040 square feet of living space. The sale price for this condo was $1,300,000, resulting in a price per square foot of $637.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,300,000
- Buyer: James Sturn
- Seller: Daniel Ahern
- Broker: Fred Nabati & Michael Davoodpour - Trimax Realty Inc
Trimax Realty Inc represented both the buyer, James Sturn, and the seller, Daniel Ahern, in this off-market sale. The agents involved in the transaction were Fred Nabati and Michael Davoodpour. They successfully met the specific criteria of the buyer, who was looking to purchase a property that met their needs but was not available on the market. Trimax Realty Inc utilized its network to find and secure this property for the buyer. For more information on how Trimax Realty Inc can assist you in finding your ideal property, contact Fred or Mike at (310) 388-9695 or [email protected].
Players
Hawthorne CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $637 per square foot on a published $1.3M for 2,040 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93