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.
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