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1404 Devlin Dr, Los Angeles...

Aflalo Realty LLC Acquires SFR On Devlin Drive In Hollywood Hills For $3.5M
SOLDSingle Family Residence

Aflalo Realty LLC Acquires SFR On Devlin Drive In Hollywood Hills For $3.5M

1404 Devlin Dr, Los Angeles, CA 90069, USA

$3,475,000

$101/SF

Building Size

34,290 SF

Asset Type

Single Family Residence

Closing

Jul 28, 2020

AI

A property located at 1404 Devlin Drive in Hollywood Hills recently sold for $3,475,000. The single-family home has a total area of 3,429 square feet and a price per square foot of $1,013. The sellers, Robert and Nancy Barry, completed the transaction with the buyer, Aflalo Realty LLC.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $3,475,000
  • Square Footage: 3,429
  • Price Per Square Foot: $1,013
  • Address: 1404 Devlin Drive
  • Market: Hollywood Hills

Eric Lavey from Sotheby's International Realty represented the sellers, Robert and Nancy Barry, in the transaction. Cody Garcia from The Agency acted as the buyer's representative for Aflalo Realty LLC. It is worth noting that this house is located in close proximity to Leonardo DiCaprio's residence.

Players

Eric Lavey

Sotheby's International Realty

Broker

$117.4M

vol

7 deals

Broker

Robert Barry

Seller

$6.9M

vol

2 deals

Seller

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

4.56%

Cash-on-Cash

-1.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93