Brad Smith Sells SFR Property On Nichols Canyon Road In Los Angeles For $4.99M
SOLD
$4,999,999
California
See Similar DealsSingle Family Residence5,298 SF
Sold 07/11/2023
SOLD
Brad Smith Sells SFR Property On Nichols Canyon Road In Los Angeles For $4.99M
2145 Nichols Canyon Rd Los Angeles, CA 90046, USA
See Similar DealsSingle Family Residence5,298 SF
Sold 07/11/2023
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$943
Total Square Footage:5,298 SF
Transaction Type:Sale
A single-family residence located at 2145 Nichols Canyon Road in Los Angeles has been sold. The property spans 5,298 square feet and was sold for a total price of $4,999,999, resulting in a price per square foot of $944.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $4,999,999
- Address: 2145 Nichols Canyon Road
- Market: Los Angeles
The seller of the property was Brad Smith. The sale was facilitated by Brendan Brown from Westside Estate Agency, as well as Anna Solomon and David Solomon from Douglas Elliman.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$266,666.61
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,763.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,702.55
Annual Debt Service$284,430.55
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