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1554 North Doheny Drive, Lo...

Khosravi Azarmindokht Acquires SFR In The Bird Streets For $2.8M
SOLDSingle Family Residence

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

Daniel Milstein

Christie's International Real Estate

Broker

$11.9M

vol

3 deals

Broker

John Kalodner

Seller

$5.4M

vol

2 deals

Seller

Los Angeles Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

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