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Caylus Cunningham Acquires Sunset Strip SFR From Ayman Sabi For $5.85M

Property Image
SOLD
$5,850,000

California

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Single Family Residence6,309 SF
Sold 04/08/2022
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Property Image
SOLD

Caylus Cunningham Acquires Sunset Strip SFR From Ayman Sabi For $5.85M

1778 Viewmont Drive, Los Angeles, California 90069, United States

See Similar Deals
Single Family Residence6,309 SF
Sold 04/08/2022
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$927
Total Square Footage:6,309 SF
Transaction Type:Sale

Located on 1778 Viewmont Dr. in the Sunset Strip market, this single-family residence (SFR) was recently sold. The property boasts a total area of 6,309 square feet and was sold for a price of $5,850,000, resulting in a price per square foot of $927. The sale took place on April 8, 2022. Ben Belack from The Agency served as the broker for the transaction.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $5,850,000
  • Address: 1778 Viewmont Dr.
  • Market: Sunset Strip

Caylus Cunningham purchased the property, while Ayman Sabi acted as the seller. Ben Belack, from The Agency, represented both parties in the deal.

Players

Ben Belack
The Agency
Ben Belack
5 deals$46M volume
BROKER

Details

SOLD
IMAGE: Ben Belack DATE: 04/08/2022 ADDRESS: 1778 Viewmont Dr. MARKET: Sunset Strip ASSET TYPE: SFR BUYER: Caylus Cunningham SELLER: Ayman Sabi BROKER: Ben Belack (@BenBelack) - The Agency (@TheAgencyRE) SALE PRICE: $5,850,000 SF: 6,309 ~ PPSF: $927

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$312,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$20,783.81
Cash-on-Cash Return-1.27%
Monthly Debt Service$27,731.98
Annual Debt Service$332,783.81