Updated Dec 21, 2023
Weston James Group Acquires SFR In Los Angeles For $14.25M
1616 Blue Jay Way, Los Angeles, CA, USA
$14,250,000
$2,850/SF
Building Size
5,000 SF
Asset Type
Single Family Residence
Closing
Feb 25, 2021
About this deal
AI
The property at 1616 Blue Jay Way in Los Angeles was sold on February 26, 2021. The single-family residence spans 5,000 square feet and was sold for a price of $14,250,000, resulting in a price per square foot of $2,850.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $14,250,000
- Address: 1616 Blue Jay Way, Los Angeles
- Market: Los Angeles
The buyer's representatives for this transaction were Weston Littlefield from Aaron Kirman Group and Jamie Sher from Sher Group. The seller's representatives were Josh Altman, Matt Altman, and Jacob Greene from Douglas Elliman.
On the Map
$14,250,000
$2,850/SF
Single Family Residence
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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
1.11%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93