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Peyman Zargari's MIP Investment Corp. Acquires Tarzana SFR For $4.2M

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SOLD
$4,200,000

California

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Single Family Residence6,300 SF
Sold 06/15/2021
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Property Image
SOLD

Peyman Zargari's MIP Investment Corp. Acquires Tarzana SFR For $4.2M

19515 Shirley Ct, Tarzana, CA, USA

See Similar Deals
Single Family Residence6,300 SF
Sold 06/15/2021
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Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$666
Total Square Footage:6,300 SF
Transaction Type:Sale

A Single-Family Residence (SFR) located at 19515 Shirley Ct in Tarzana has been sold. The property spans approximately 6,300 square feet and was sold for a price of $4,200,000, resulting in a price per square foot of $666. The transaction took place on June 15, 2021. The buyer's representative for this deal was Peyman Zargari from MIP Investment Corp., while the seller was represented by Lillian Wall. The property was listed for the same price it was sold, with an asking price of $4,200,000.

Summary of transaction details

  • Property Type: Single-Family Residence (SFR)
  • Transaction Amount: $4,200,000
  • Area: Tarzana
  • Address: 19515 Shirley Ct
  • Market: Tarzana
  • Square Footage: 6,300
  • Price per Square Foot: $666

Peyman Zargari from MIP Investment Corp. served as the buyer's representative in this transaction, representing the buyer's interests. On the other side, Lillian Wall acted as the seller's representative. It is worth noting that the sale price matched the initial asking price of $4,200,000.

Players

2 deals$8.2M volume
BROKER

Peyman Zargari
5 deals$69.9M volume
BROKER

Details

SOLD
IMAGE: Peyman Zargari DATE: 06/15/2021 ADDRESS: 19515 Shirley Ct MARKET: Tarzana ASSET TYPE: SFR BUYER’S REP: Peyman Zargari (@Peyman.Zargari) - MIP Investment Corp. SELLER’S REP: Lillian Wall ASKING PRICE: $4,200,000 SALE PRICE: $4,200,000 SF: 6,300 ~ PPSF: $666

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

$223,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$14,921.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,910.14
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