Updated Oct 28, 2024
Courtney Trust Acquires SFR In Nicholas Canyon For $3.3M
1829 Courtney Avenue, Los Angeles, CA, USA
$3,276,000
$1,190/SF
Building Size
2,751 SF
Asset Type
Single Family Residence
Closing
Aug 5, 2021
About this deal
AI
A single-family home located at 1829 Courtney Avenue in Nicholas Canyon has been sold. The property, which is part of the residential market, was purchased by the Courtney Trust, represented by Evan Wright. The seller of the property was Damon Wolf. The transaction was facilitated by brokers Jack Harris and Michael Fahimian. The sale price for the property was $3,276,000, slightly below the asking price of $3,395,000. The home spans across 2,751 square feet, resulting in a price per square foot of $1,190.
Summary of Transaction Details
- Property Type: Single-Family Home
- Transaction Amount: $3,276,000
- Address: 1829 Courtney Avenue
- Market: Nicholas Canyon
- Buyer: Courtney Trust - Evan Wright
- Seller: Damon Wolf
- Brokers: Jack Harris & Michael Fahimian
- Square Footage: 2,751
- Price per Square Foot: $1,190
This transaction highlights the involvement of key individuals and companies. The Courtney Trust, led by Evan Wright, acted as the buyer, while Damon Wolf served as the seller. Real estate brokers, Jack Harris and Michael Fahimian, played a crucial role in facilitating the deal.
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
4.84%
Cash-on-Cash
-1.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93