Dustin Nicholas Property Group Sells SFR In Los Angeles For $11.5M
SOLD
$11,500,000
California
See Similar DealsIndustrial4,203 SF
Sold 11/13/2020
SOLD
Dustin Nicholas Property Group Sells SFR In Los Angeles For $11.5M
1435 Tanager Way, Los Angeles, CA 90069, USA
See Similar DealsIndustrial4,203 SF
Sold 11/13/2020
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$2,736
Total Square Footage:4,203 SF
Transaction Type:Sale
The recently closed transaction in Los Angeles involved the sale of a Single-Family Residence (SFR) located at 1435 Tanager Way. The property was listed by Dustin Nicholas from Nicholas Property Group. The transaction took place on November 13, 2020, and was captured in an image shared by @Dustin_Nicholas on Instagram.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $11,500,000
- Square Footage: 4,203 sqft
- Price per Square Foot: $2,736
- Address: 1435 Tanager Way, Los Angeles
The property spans across 4,203 square feet, with a price per square foot of $2,736. This information provides insight into the value and size of the property. The transaction was facilitated by Dustin Nicholas from Nicholas Property Group.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$613,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$40,857.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$54,515.87
Annual Debt Service$654,190.40
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