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Debra Parker Sells Venice SFR On Victoria Ave For $1.7M With Brokers Ashley Kermani, Alexis Boris-Waterman & Oliver Thornton

Property Image
SOLD
$1,700,000

California

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Single Family Residence10,412 SF
Sold 02/17/2021
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Property Image
SOLD

Debra Parker Sells Venice SFR On Victoria Ave For $1.7M With Brokers Ashley Kermani, Alexis Boris-Waterman & Oliver Thornton

1015 Victoria Avenue, Venice, CA, USA

See Similar Deals
Single Family Residence10,412 SF
Sold 02/17/2021
Contact now

Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$163
Total Square Footage:10,412 SF
Transaction Type:Sale

A single-family residence located at 1015 Victoria Ave in the Venice market was recently sold for $1,700,000. The property spans across 10,412 square feet, resulting in a price per square foot of $486. The sale took place on February 17, 2021.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $1,700,000
  • Address: 1015 Victoria Ave
  • Market: Venice

The seller of the property was Debra Parker. Representing the seller in the deal were Ashley Kermani from Westside Pacific Estates and Alexis Boris-Waterman from Compass, along with Oliver Thornton, also from Compass.

Players

2 deals$5.9M volume
BROKER

Alexis Boris Waterman
3 deals$9.5M volume(310) 990-6894
BROKER


Compass
BROKERAGE

Details

SOLD
IMAGE: Ashley Kermani & Alexis Boris-Waterman DATE: 02/17/2021 ADDRESS: 1015 Victoria Ave MARKET: Venice ASSET TYPE: SFR SELLER: Debra Parker BROKERS: Ashley Kermani @AshleyKermani @Kermani_Estates - Westside Pacific Estates, Alexis Boris-Waterman @AlexisEstates - Compass & Oliver Thornton - Compass SALE PRICE: $1,700,000 SF: 10,412 ~ PPSF: $486

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$90,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,039.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,058.87
Annual Debt Service$96,706.41