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3491 Federal Avenue

Updated Sep 5, 2024

Compass Brokers Ron Wynn & Pamela Hakakian Sell $3.71M SFR In Los Angeles
SOLDCo-Op

Compass Brokers Ron Wynn & Pamela Hakakian Sell $3.71M SFR In Los Angeles

3491 Federal Avenue

$3,710,000

$1,122/SF

Building Size

3,304 SF

Asset Type

Co-Op

Closing

Dec 2, 2022

About this deal

AI

Pamela Hakakian and Ron Wynn of Compass facilitated the sale of a single-family residence located at 3491 Federal Avenue in Los Angeles. The property, measuring 3,304 square feet, was sold by the seller, Anderson Mcdonald, for a total of $3,710,000. The price per square foot for this transaction was $1,123.

Summary of transaction details

  • Property Type: Single Family Residence
  • Transaction Amount: $3,710,000
  • Address: 3491 Federal Avenue, Los Angeles
  • Square Footage: 3,304
  • Price per Square Foot: $1,123
  • Seller: Anderson Mcdonald

The deal was successfully completed with the assistance of Ron Wynn and Pamela Hakakian from Compass. They represented the parties involved in this sale, ensuring a smooth transaction for all parties.

Players

Ron Wynn

Compass

Broker

$8.3M

vol

2 deals

Broker

Los Angeles Co-Op Market Snapshot

Boundary boundary · Co-Op · Sale transactions

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Deal FAQ

About $1.1K per square foot on a published $3.7M for 3,304 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.28%

Cash-on-Cash

-1.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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