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1260 Holmby Avenue, Los Ang...

Mohammed Shamie Acquires SFR In Westwood From Elroy Vojdani For $3M. Azy Farahmand - The Agency Brokers The Deal
SOLDSingle Family Residence

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

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

Azy Farahmand

The Agency

Broker

$33.9M

vol

11 deals

Broker

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

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93