Updated Dec 20, 2023
Josh & Heather Altman Acquire Bel Air SFR For $6.1M | 10535 Vestone Way
10535 Vestone Way, Los Angeles, California 90077, United States
$6,100,000
$418/SF
Building Size
14,586 SF
Asset Type
Single Family Residence
Closing
Mar 31, 2022
About this deal
AI
The recently closed property transaction in Bel Air involved a single-family residence located at 10535 Vestone Way. The property sits on a spacious 2.0-acre lot, providing ample space for the residents to enjoy. The property was sold by Josh Altman, an American real estate broker and reality television personality, along with his wife, Heather Altman. The transaction took place on April 1, 2022.
Summary of transaction details:
- Property Type: Single-Family Residence (SFR)
- Transaction Amount: $6,100,000
- Address: 10535 Vestone Way, Bel Air
- Market: Bel Air
- Acres: 2.0
The property spans an impressive 14,586 square feet, offering plenty of living space for the new owners. With a price per square foot of $418, the property demonstrates its value in the market. This transaction was noteworthy and caught the attention of many in the industry, including @DirtDotCom, an Instagram account that covers real estate news and deals.
Players
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.60%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93