Lorenzo De Plano & Eric Anwar Acquire SFR In Los Angeles For $2.36M
1427 Walgrove Ave, Los Angeles, CA, USA
$2,367,000
$609/SF
Building Size
3,883 SF
Asset Type
Single Family Residence
Closing
Dec 9, 2020
AI
An SFR located at 1427 Walgrove Ave. in Los Angeles was recently sold in a transaction. The property spans 3,883 square feet and has an asking price of $2,645,000. The sale price was finalized at $2,367,000, resulting in a price per square foot of $609. The transaction took place on December 10, 2020.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $2,367,000
- Address: 1427 Walgrove Ave.
- Market: Los Angeles
The buyer of the property is Lorenzo De Plano & Eric Anwar, while the seller is Fahlsing 2015 Family Trust. The buyer was represented by Sasha Rahban Real Estate - SaraVita Properties Inc., and the seller was represented by Paul Small from Douglas Elliman Broker.
Note from the broker: Sasha Rahban Real Estate (SaraVita Properties) is actively working with buyers and sellers for all asset types in Los Angeles, including homes, apartment buildings, and office buildings. For more information, please contact [email protected] or visit the website sasharahban.com.
Players
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
6.70%
Cash-on-Cash
-1.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93