Updated Sep 9, 2024
Ronnie Ortiz-Magro Sells Porter Ranch Single Family Home For $2.6M
Porter Ranch, California, United States
$2,600,000
$520,000/SF
Building Size
5 SF
Asset Type
MultiFamily
Closing
Feb 8, 2023
About this deal
AI
Ronnie Ortiz-Magro, known for his appearances on reality television, has sold a single family home in Porter Ranch. The property was sold for a price of $2,600,000. With a spacious interior measuring 5,800 square feet, the home boasts a price per square foot of $448. The lot size is 8,712 square feet, resulting in a price per square foot of $298.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,600,000
- Market: Porter Ranch
The seller, Ronnie Ortiz-Magro, was represented by Shanti Hoffman from Pinnacle Estate Properties. Angel Salvador from The Beverly Hills Estates Inc. acted as the buyer's representative in this deal.
On the Map
$2,600,000
$520,000/SF
MultiFamily
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Players
Market MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
About $520K per square foot on a published $2.6M for 5 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93