Pia Ledy Purchases Condo From Wolfe Family In Los Angeles For $3.2 Million
SOLD
$3,200,000
California
See Similar DealsCondo2,220 SF
Sold
SOLD
Pia Ledy Purchases Condo From Wolfe Family In Los Angeles For $3.2 Million
1017 North Croft Avenue
See Similar DealsCondo2,220 SF
Sold
Summary
CALIFORNIA
Asset Type:Condo
Price Per Square Foot:$1441
Total Square Footage:2220 SF
Transaction Type:Sale
A condo located at 1017 North Croft Avenue Unit PH402 in Los Angeles was sold for $3,200,000. The property encompasses a total of 2,220 square feet, resulting in a price per square foot of $1,509.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $3,200,000
- Square Footage: 2,220
- Price per Square Foot: $1,509
- Buyer: Pia Ledy
- Seller: Wolfe Family
- Broker: Azy Farahmand - The Agency
Azy Farahmand represented the seller, Wolfe Family, in this transaction. Notably, this sale achieved the highest price per square foot sold in the Melrose Place neighborhood at $1,509/SQFT.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$170,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,368.93
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,169.63
Annual Debt Service$182,035.59
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