Brittany Herman Of Douglas Elliman Represents Seller In $8.5M Los Angeles Single Family Sale
SOLD
$8,500,000
California
See Similar DealsSingle Family Residence4,253 SF
Sold 09/09/2024
SOLD
Brittany Herman Of Douglas Elliman Represents Seller In $8.5M Los Angeles Single Family Sale
Single Family Residence4,253 SF
Sold 09/09/2024
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,998
Total Square Footage:4,253 SF
Transaction Type:Sale
This sale involved a single-family asset located in the Los Angeles market. The property was sold for $8,500,000, encompassing a total square footage of 4,253. The price per square foot for this transaction was $1,998.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $8,500,000
- Square Footage: 4,253
- Price per Square Foot: $1,998
- Date of Transaction: 09/09/2024
- Broker: Brittany Herman - Douglas Elliman
Brittany Herman represented the transaction for Douglas Elliman, overseeing the process and facilitating the sale within the Los Angeles market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$453,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$30,198.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$40,294.34
Annual Debt Service$483,532.04
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