Updated Sep 9, 2024
Alan Ahdoot Acquires SFR In Los Angeles For $8.75M With Buyer's Rep Conrad Adamczak & Seller's Reps Jesse Horrell, Michael Nourmand & Kurt Rappaport
101 Loring Avenue, Los Angeles, CA 90024
$8,750,000
$1,598/SF
Building Size
5,474 SF
Asset Type
Single Family Residence
Closing
Oct 14, 2021
About this deal
AI
An SFR located at 101 Loring Ave. in Los Angeles has been sold for $8,750,000. The property spans 5,474 square feet and has a price per square foot of $1,598.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $8,750,000
- Address: 101 Loring Ave.
- Market: Los Angeles
- Buyer: Alan Ahdoot
- Buyer's Representative: Conrad Adamczak - The Beverly Hills Estates
- Seller's Representatives: Jesse Horrel - Horrell Realtors, Michael Nourmand - Nourmand & Associates, Kurt Rappaport - Westside Estate Agency
- Size: 5,474 square feet
- Price per Square Foot: $1,598
Conrad Adamczak from The Beverly Hills Estates represented the buyer, Alan Ahdoot, in this transaction. Jesse Horrel from Horrell Realtors, Michael Nourmand from Nourmand & Associates, and Kurt Rappaport from Westside Estate Agency represented the sellers.
Players
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.6K per square foot on a published $8.8M for 5,474 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.81%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93