Updated Oct 29, 2024
Luskey Design Acquires Mar Vista SFR From Jimmy Ojima Estate For $1.06M
12611 Greene Ave, Los Angeles, CA, USA
$1,060,000
$1,320/SF
Building Size
803 SF
Asset Type
Single Family Residence
Closing
Mar 7, 2021
About this deal
AI
A single-family home located at 12611 Greene Ave. in Mar Vista has been sold. The property, with a size of 803 square feet, was purchased by Luskey Design. The seller was the Jimmy Ojima Estate. The transaction was facilitated by David Eli of FWL Realty, representing the buyer, and Arleen Revilla of R1R Realty, representing the seller.
Summary of transaction details:
- Property Type: Single-Family Home
- Transaction Amount: $1,060,000
- Address: 12611 Greene Ave.
- Market: Mar Vista
- Buyer: Luskey Design
- Seller: Jimmy Ojima Estate
- Buyer's Rep: David Eli - FWL Realty
- Seller's Rep: Arleen Revilla - R1R Realty
- Asking Price: $1,025,000
- Size: 803 square feet
- Price per Square Foot: $1,320
The buyer, Luskey Design, successfully acquired the property from the seller, the Jimmy Ojima Estate. David Eli, representing Luskey Design, worked with FWL Realty, while Arleen Revilla represented the seller with R1R Realty. The sale price for this single-family home on Greene Ave. in Mar Vista was $1,060,000.
On the Map
$1,060,000
$1,320/SF
Single Family Residence
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Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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About $1.3K per square foot on a published $1.1M for 803 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.97%
Cash-on-Cash
-4.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93