Updated Dec 18, 2023
Mohammed Shamie Acquires SFR In Westwood From Elroy Vojdani For $3M. Azy Farahmand - The Agency Brokers The Deal
1260 Holmby Avenue, Los Angeles, California 90024, United States
$3,000,000
$1,351/SF
Building Size
2,220 SF
Asset Type
Single Family Residence
Closing
Dec 8, 2021
About this deal
AI
The property involved in this transaction is a single-family residence (SFR) located at 1260 Holmby Avenue in the Westwood market. The property has a total square footage of 2,220, with a price per square foot of $1,351. The sale price for this property was $3,000,000. It was sold by Elroy Vojdani to Mohammed Shamie. The transaction was facilitated by broker Azy Farahmand from The Agency.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $3,000,000
- Address: 1260 Holmby Avenue
- Market: Westwood
- Buyer: Mohammed Shamie
- Seller: Elroy Vojdani
- Broker: Azy Farahmand - The Agency
This transaction successfully closed, with the property selling for $200,000 over the asking price. This highlights the strong demand and interest in the property.
Players
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.4K per square foot on a published $3M for 2,220 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93