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1518 Bel Air Road

Amanda Lynn Of Nest Seekers International Represents Sale Of Single Family Home For $12.2M In Los Angeles
SOLDSingle Family Residence

Amanda Lynn Of Nest Seekers International Represents Sale Of Single Family Home For $12.2M In Los Angeles

1518 Bel Air Road

$12,200,000

$1,310/SF

Building Size

9,310 SF

Asset Type

Single Family Residence

Closing

May 30, 2024

AI

The property involved in the transaction is a single-family asset located at 1518 Bel Air Road in the Los Angeles market. The sale price for the property was $12,200,000, encompassing a total square footage of 9,310 with a price per square foot of $1,310. The last asking price for the property prior to the sale was $13.95 million.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $12,200,000
  • Address: 1518 Bel Air Road
  • Market: Los Angeles
  • Square Footage: 9,310
  • Price per Square Foot: $1,310
  • Last Asking Price: $13.95M

Amanda Lynn from Nest Seekers International represented the seller in this transaction, facilitating the sale process and ensuring the successful closing of the deal.

Players

Amanda Lynn

Nest Seekers International

Broker

$42.2M

vol

2 deals

Broker

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

1.30%

Cash-on-Cash

-0.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93