Updated Dec 21, 2023
Sunny Narang Acquires SFR In Los Angeles For $1.3M
1417 Armadale Ave, Los Angeles, CA, USA
$1,300,000
$644/SF
Building Size
2,016 SF
Asset Type
Single Family Residence
Closing
Dec 3, 2020
About this deal
AI
Located in Los Angeles, the property at 1417 Armadale Ave was recently sold in a closed transaction. The single-family residence (SFR) boasts a total living area of 2,016 square feet. The transaction took place on 12/04/2020 and was facilitated by buyer's representative Sunny Narang from Brad Korb Real Estate Group - Brokers Trust Real Estate Group and seller's representative Brian Fitzburgh from Fitzburgh Realty.
Summary of Transaction Details
- Property Type: Single-Family Residence (SFR)
- Transaction Amount: $1,300,000
- Asking Price: $1,140,000
- Price per Square Foot (PPSF): $644.84
The sale price for the property was $1,300,000. The buyer's representative, Sunny Narang from Brad Korb Real Estate Group - Brokers Trust Real Estate Group, and the seller's representative, Brian Fitzburgh from Fitzburgh Realty, played instrumental roles in the transaction. The market value of the property is appreciated in the bustling Los Angeles market.
On the Map
$1,300,000
$644/SF
Single Family Residence
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Players
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $644 per square foot on a published $1.3M for 2,016 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93