Evan Dolmatsky Acquires SFR In Los Angeles For $2.12M
SOLD
$2,120,000
California
See Similar DealsSingle Family Residence2,428 SF
Sold 03/05/2021
SOLD
Evan Dolmatsky Acquires SFR In Los Angeles For $2.12M
117 S Martel Ave, Los Angeles, CA, USA
See Similar DealsSingle Family Residence2,428 SF
Sold 03/05/2021
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$873
Total Square Footage:2,428 SF
Transaction Type:Sale
117 S. Martel Ave. in Los Angeles was recently sold in a closed transaction. The single-family residential property boasts a total area of 2,428 square feet. The sale took place on 03/05/2021, and the property was purchased for $2,120,000, resulting in a price per square foot of $873.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $2,120,000
- Address: 117 S. Martel Ave.
- Market: Los Angeles
- Buyer's Representative: Evan Dolmatsky @EvanDee - Compass
- Seller's Representative: Laurent Mamann Slater @LaurentSlaterEstates - Hilton & Hyland
Evan Dolmatsky from Compass represented the buyer in this transaction, while Laurent Mamann Slater from Hilton & Hyland represented the seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$113,066.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,531.92
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,049.88
Annual Debt Service$120,598.58
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