Khosravi Azarmindokht Acquires SFR In The Bird Streets For $2.8M
1554 North Doheny Drive, Los Angeles, California 90069, United States
$2,795,000
$770/SF
Building Size
3,628 SF
Asset Type
Single Family Residence
Closing
Dec 19, 2021
AI
The recently sold single-family residence (SFR) located at 1554 N. Doheny Drive in The Bird Streets neighborhood has been purchased by Khosravi Azarmindokht. The property was sold by John Kalodner and the transaction was facilitated by brokers Daniel Milstein and Aleks Lipovic from Compass. The sale took place on December 20, 2021, with a sale price of $2,795,000. The SFR spans across 3,628 square feet and the price per square foot (PPSF) was $770.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $2,795,000
- Date: 12/20/2021
- Address: 1554 N. Doheny Drive
- Market: The Bird Streets
- Buyer: Khosravi Azarmindokht
- Seller: John Kalodner
- Brokers: Daniel Milstein & Aleks Lipovic - Compass
- Property Size: 3,628 square feet
- Price per Square Foot (PPSF): $770
The transaction highlights the successful collaboration between Khosravi Azarmindokht, the buyer, and John Kalodner, the seller. The presence of brokers Daniel Milstein and Aleks Lipovic from Compass ensured a smooth transaction process. This sale not only demonstrates the desirability of properties in The Bird Streets market but also reflects the current valuation of residential properties with a PPSF of $770 in this area. Congratulations to all parties involved!
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
5.68%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93