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12611 Greene Ave, Los Angel...

Luskey Design Acquires Mar Vista SFR From Jimmy Ojima Estate For $1.06M
SOLDSingle Family Residence

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

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.

Players

David Eli

Broker

$20.7M

vol

9 deals

Broker
LD
Luskey DesignBuyer
E
EstateSeller

Los Angeles Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

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