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10756 Rochester Ave

David Sterling Leases Single Family Residence At 10756 Rochester Ave To Ash Mohammadi And Mira Matthews
LEASEDSingle Family Residence

David Sterling Leases Single Family Residence At 10756 Rochester Ave To Ash Mohammadi And Mira Matthews

10756 Rochester Ave

$13,750

$13,750/SF

Building Size

2,969 SF

Asset Type

Single Family Residence

Closing

Jun 15, 2024

AI

The property asset involved in the transaction is located at 10756 Rochester Ave, in the Los Angeles market. It is a single-family residence encompassing a total area of 2,969 square feet. The rental rate is set at $13,750 per square foot, reflecting the market value associated with the asset.

Summary of transaction details:

  • Property Type: Single Family Residence
  • Transaction Amount: $13,750
  • Address: 10756 Rochester Ave
  • Market: Los Angeles
  • Tenant: Ash Mohammadi and Mira Matthews
  • Landlord: David Sterling
  • Square Feet: 2,969.0

The deal involves tenants Ash Mohammadi and Mira Matthews leasing the property from landlord David Sterling. This transaction took place on June 15, 2024.

Players

Fred Nabati

Trimax Realty & Loan

Broker

$108.8M

vol

61 deals

Broker
TI
Trimax Realty, Inc.Brokerage

David Sterling

Landlord
Landlord

Ash Mohammadi

Tenant
Tenant

Los Angeles Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1153.67%

Cash-on-Cash

-329.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93