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1300 Sierra Alta Way, Los A...

Updated Sep 9, 2024

Michael Fahimian, Kurt Rappaport & Jack Harris Acquires SFR In Los Angeles For $5.85M
SOLDSingle Family Residence

Michael Fahimian, Kurt Rappaport & Jack Harris Acquires SFR In Los Angeles For $5.85M

1300 Sierra Alta Way, Los Angeles, CA 90069, USA

$5,850,000

$1,539/SF

Building Size

3,800 SF

Asset Type

Single Family Residence

Closing

Aug 2, 2020

About this deal

AI

A single-family residence located at 1300 Sierra Alta Way in Los Angeles has recently been sold. The property, spanning 3,800 square feet, was listed for sale with an asking price of $5,995,000. After negotiations, the property was sold for $5,850,000. The price per square foot for this transaction is approximately $1,539.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $5,850,000
  • Address: 1300 Sierra Alta Way, Los Angeles
  • Market: Los Angeles

The transaction was facilitated by brokers Michael Fahimian, Kurt Rappaport, and Jack Harris.

Please note that no additional information is available at this time.

Players

Kurt Rappaport

Westside Estate Agency

Broker

$2.2B

vol

59 deals

Broker

Los Angeles Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $1.5K per square foot on a published $5.9M for 3,800 square feet (2020).

Visit Jack Harris to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.71%

Cash-on-Cash

-0.77%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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