Aaron Kirman Group Represents Buyer In $10.2 Million Sale Of SFR In Bird Streets
SOLD
California
See Similar DealsSingle Family Residence5,031 SF
Sold 05/26/2020
SOLD
Aaron Kirman Group Represents Buyer In $10.2 Million Sale Of SFR In Bird Streets
1424 Tanager Way, Los Angeles, CA 90069, USA
See Similar DealsSingle Family Residence5,031 SF
Sold 05/26/2020
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$2,027
Total Square Footage:5,031 SF
Transaction Type:Sale
A single-family residential property located at 1424 Tanager Way in the Bird Streets neighborhood has been sold for a price of $10,200,000. The property spans across 5,031 square feet and was sold at a rate of $2,027 per square foot.
Summary of Transaction Details
- Property Type: SFR
- Transaction Amount: $10,200,000
- Date: 05/26/2021
- Address: 1424 Tanager Way
- Market: Bird Streets
The buyer, represented by Weston Littlefield from the Weston James Group - Aaron Kirman Group, and the seller, represented by Jacob Greene from The Altman Brothers, were the key individuals involved in the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$544,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$36,238.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$48,353.20
Annual Debt Service$580,238.45
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