Morgan Benmoshe Acquires SFR In Los Angeles For $5.7M
1129 Sierra Alta Way, Los Angeles, CA, USA
$5,700,000
$1,089/SF
Building Size
5,230 SF
Asset Type
Single Family Residence
Closing
May 4, 2021
AI
Located at 1129 Sierra Alta Way in Los Angeles, this single-family residential property was recently sold in a closed transaction. The property, with a total area of 5,230 square feet, features a spacious layout and is situated in the sought-after Los Angeles market.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $5,700,000
- Asking Price: $7,250,000
- Price per Square Foot: $1,089
Morgan Benmoshe from MBM Estates represented the buyer in this transaction. Morgan Benmoshe, a prominent real estate professional, played a pivotal role in facilitating the deal. This sale represents a significant investment opportunity in the Los Angeles real estate market.
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
2.78%
Cash-on-Cash
-0.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93