Vincent Gonzales Purchases Los Angeles Single Family Home For $7.6 Million With Jon Sodeif And Tomer Fridman As Representatives
SOLD
$7,600,000
California
See Similar DealsSingle Family Residence6,276 SF
Sold 11/26/2024
SOLD
Vincent Gonzales Purchases Los Angeles Single Family Home For $7.6 Million With Jon Sodeif And Tomer Fridman As Representatives
1024 North Orlando Avenue
See Similar DealsSingle Family Residence6,276 SF
Sold 11/26/2024
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,211
Total Square Footage:6,276 SF
Transaction Type:Sale
This transaction involves a single-family property located at 1024 North Orlando Avenue in Los Angeles. The sale price was $7,600,000, and the property has a total square footage of 6,276, resulting in a price per square foot of $1,210.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $7,600,000
- Address: 1024 North Orlando Avenue
- Market: Los Angeles
- Square Footage: 6,276
- Price per Square Foot: $1,210
- Buyer: Vincent Gonzales
- Seller: Kok Kit Lee
- Buyer's Representative: Jon Sodeif - Pacific Home Brokers
- Seller's Representatives: Anthony Barilo - The Beverly Hills Estates; Tomer Fridman - Christie's International Real Estate
The representation for the buyer was handled by Jon Sodeif, while the seller was represented by a team consisting of Anthony Barilo and Tomer Fridman. The collaboration involved two distinct agencies in facilitating this sale, which underscores the engagement of leading professionals in the Los Angeles real estate market.
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BROKERAGE
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$405,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$27,001.21
Cash-on-Cash Return-1.27%
Monthly Debt Service$36,027.88
Annual Debt Service$432,334.53
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