Ky Thoai Loung Acquires Hollywood Hills SFR For $5.25M With The Agency's Guy Azar, Bryan Castaneda, And Andrew Mortaza
SOLD
$5,250,000
California
See Similar DealsSingle Family Residence6,000 SF
Sold 04/30/2021
SOLD
Ky Thoai Loung Acquires Hollywood Hills SFR For $5.25M With The Agency's Guy Azar, Bryan Castaneda, And Andrew Mortaza
1724 Viewmont Drive, Central LA, Los Angeles, CA, USA
See Similar DealsSingle Family Residence6,000 SF
Sold 04/30/2021
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$875
Total Square Footage:6,000 SF
Transaction Type:Sale
The property at 1724 Viewmont Drive in Hollywood Hills has been sold. The single-family residence (SFR) was purchased by Ky Thoai Loung. The deal was facilitated by brokers Guy Azar, Bryan Castaneda, and Andrew Mortaza from The Agency. The property was listed for $5,500,000 and sold for $5,250,000. It spans 6,000 square feet, resulting in a price per square foot of $875.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $5,250,000
- Address: 1724 Viewmont Drive
- Market: Hollywood Hills
Featured in the deal were brokers Guy Azar, Bryan Castaneda, and Andrew Mortaza representing Ky Thoai Loung. They are affiliated with The Agency. This transaction took place on April 30, 2021.
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30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$280,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$18,652.13
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,887.68
Annual Debt Service$298,652.14
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