Shelton Wilder Group Acquires SFR In Venice, CA For $4.9M
459 28th Ave, Venice, CA 90291, USA
$4,900,000
$1,272/SF
Building Size
3,850 SF
Asset Type
Co-Op
Closing
Nov 8, 2022
AI
A single-family residence located at 459 28th Ave in Venice, CA has been sold. The property spans 3,850 square feet and was sold for $4,900,000, with an asking price of $5,495,000. The price per square foot is $1,272.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $4,900,000
- Address: 459 28th Ave, Venice, CA
- Market: Venice, CA
The seller of the property is Doron Bennaiem. Shelton Wilder, from Shelton Wilder Group - Sotheby's International Realty, represented the buyer in this transaction.
Players
Los Angeles Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.24%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93