Ramtin Ray Nosrati Sells Bel Air SFR For $15.4M With Sally Forster Jones & Shauna Walters As Brokers
1475 Bel Air Road, Bel Air, Los Angeles, CA, USA
$15,399,000
$1,280/SF
Building Size
12,027 SF
Asset Type
Single Family Residence
Closing
Dec 7, 2020
AI
The recently closed property transaction in Bel Air involved the sale of a single-family residence located at 1475 Bel Air Road. The property, spanning 12,027 square feet, was sold by Ramtin Ray Nosrati. The market value of the property was valued at $15,399,000, resulting in a price per square foot of $1,280.
Summary of transaction details
- Property Type: Single-Family Residence (SFR)
- Transaction Amount: $15,399,000
- Address: 1475 Bel Air Road
- Market: Bel Air
- Seller: Ramtin Ray Nosrati
The deal was facilitated by the brokers Sally.Forster.Jones and Shauna Walters, who represented the seller in the transaction.
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
1.03%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93