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Terry L. Robbins Purchases SFR In Los Angeles For $24.1M

Property Image
SOLD
$24,061,000
Terry L. Robbins
NL

California

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Single Family Residence13,320 SF
Sold 03/11/2020
the dealplayerscompscontact
Property Image
SOLD

Terry L. Robbins Purchases SFR In Los Angeles For $24.1M

1911 Westridge Road, Los Angeles, CA 90049

See Similar Deals
Single Family Residence13,320 SF
Sold 03/11/2020
Terry L. Robbins
NL
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,806
Total Square Footage:13,320 SF
Transaction Type:Sale

The property involved in this transaction is a single-family residence located at 1911 Westridge Rd in Los Angeles. The property was sold on 03/11/2021 for a total price of $24,061,000. The buyers were Terry L. Robbins, while the sellers were Norman Lear & Lyn Davis Lear.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $24,061,000
  • Address: 1911 Westridge Rd
  • Market: Los Angeles

Terry L. Robbins served as the buyer in this transaction, while Norman Lear & Lyn Davis Lear acted as the sellers.

Players

Terry L. Robbins
Terry L. Robbins
1 deal$24.1M volume
BROKER
NL
Norman Lear
3 deals$61.1M volume
SELLER

Details

SOLD
IMAGE: Lyn Davis Lear & Norman Lear DATE: 03/11/2021 ADDRESS: 1911 Westridge Rd. MARKET: Los Angeles ASSET TYPE: SFR BUYER: Terry L. Robbins SELLER: Norman Lear & Lyn Davis Lear PRICE: $24,061,000

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

$1,283,253.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$85,483.65
Cash-on-Cash Return-1.27%
Monthly Debt Service$114,061.42
Annual Debt Service$1,368,736.98