Debra Parker Sells Venice SFR On Victoria Ave For $1.7M With Brokers Ashley Kermani, Alexis Boris-Waterman & Oliver Thornton
SOLD
California
See Similar DealsSingle Family Residence10,412 SF
Sold 02/17/2021
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 DealsSingle Family Residence10,412 SF
Sold 02/17/2021
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
BROKERAGE
Details
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Deal Type
30 years
10 years
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
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