Chandler Parsons Sells Sunset Strip SFR For $8M With Jamison Malone - Compass
1807 Blue Heights Drive, Los Angeles, California 90069, United States
$8,000,000
$1,444/SF
Building Size
5,540 SF
Asset Type
Single Family Residence
Closing
Dec 9, 2021
AI
On 12/09/2021, a single-family home located at 1807 Blue Heights Dr. was sold in the Sunset Strip market. This property, with a total area of 5,540 square feet, was purchased by the buyer at a selling price of $8,000,000. The price per square foot comes out to be $1,444.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $8,000,000
- Market: Sunset Strip
Chandler Parsons, the seller of the property, listed the home for sale. The deal was facilitated by Jamison Malone from Compass, who represented the seller in the transaction.
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
1.98%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93