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2041 Roscomare Road, Los An...

Brian Wheaton Acquires Bel Air SFR For $1.93M With Buyer's Rep Jeremiah Vancans & Seller's Rep South Park Group, Inc
SOLDSingle Family Residence

Brian Wheaton Acquires Bel Air SFR For $1.93M With Buyer's Rep Jeremiah Vancans & Seller's Rep South Park Group, Inc

2041 Roscomare Road, Los Angeles, CA 90077

$1,930,000

$769/SF

Building Size

2,507 SF

Asset Type

Single Family Residence

Closing

Dec 1, 2021

AI

A single-family residential property located at 2041 Roscomare Road in Bel Air, with a spacious lot spanning 2.5 acres, has been sold for a total price of $1,930,000. This property offers a living space of 2,507 square feet, resulting in a price per square foot of $769.

Summary of transaction details

  • Property Type: Single-Family Residence (SFR)
  • Transaction Amount: $1,930,000
  • Address: 2041 Roscomare Road, Bel Air
  • Market: Bel Air
  • Acreage: 2.5 acres

The buyer of this property is Brian Wheaton, whose interests were represented by Jeremiah Vancans from Compass. On the other side of the transaction, the seller's representatives were Steve Ravan and Julie Meggat from South Park Group, Inc.

Players

Steve Ravan

South Park Group

Broker

$83M

vol

17 deals

Broker

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

8.22%

Cash-on-Cash

-2.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93