Updated Oct 28, 2024
Bijan Kohan Acquires Cheviot Hills SFR From Magrum Trust & Angelique Magrum For $7.4M
10259 Monte Mar Dr, Los Angeles, California 90064, United States
$7,426,000
$1,050/SF
Building Size
7,070 SF
Asset Type
Single Family Residence
Closing
Jan 21, 2022
About this deal
AI
Located in Cheviot Hills, this single-family home at 10259 Monte Mar Dr. was recently sold at a price of $7,426,000. With a total area of 7,070 square feet, the property offers spacious living spaces. The sale price per square foot amounted to $1,050, reflecting the value placed on this desirable asset.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $7,426,000
- Address: 10259 Monte Mar Dr.
- Market: Cheviot Hills
The buyer, Bijan Kohan, secured this impressive property through the representation of Micah Hiller. The seller, Magrum Trust, along with Angelique Magrum, known for their association with Beach Bunny, were represented in the deal by Allie Lutz Rosenberger from The Agency. This successful transaction showcases the expertise and professionalism of the involved individuals and companies.
Players
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.1K per square foot on a published $7.4M for 7,070 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.14%
Cash-on-Cash
-0.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93