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21610 Medina Estates Drive,...

Woodland Hills SFR Sold For $2.725M By Derrick J. Smith - Compass
SOLDSingle Family Residence

Woodland Hills SFR Sold For $2.725M By Derrick J. Smith - Compass

21610 Medina Estates Drive, Woodland Hills, CA, USA

$2,725,000

$378/SF

Building Size

7,200 SF

Asset Type

Single Family Residence

Closing

Mar 10, 2021

AI

Derrick J. Smith from LiveLuxuryLA facilitated the sale of a single-family residence (SFR) in Woodland Hills at 21610 Medina Estates Drive. The property encompasses 7,200 square feet and was sold for $2,725,000, resulting in a price per square foot (PPSF) of $378. This off-market sale was directly negotiated with the sellers, achieving a price $375,000 below the original asking price.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $2,725,000
  • Address: 21610 Medina Estates Drive
  • Market: Woodland Hills

Derrick J. Smith, representing LiveLuxuryLA - Compass, played a pivotal role as the broker in this transaction. With his expertise, he successfully facilitated the negotiation between the sellers and buyers, resulting in a significant discount from the original asking price.

Players

Derrick J. Smith

Coldwell Banker

Broker

$58.1M

vol

13 deals

Broker

Los Angeles Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.82%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93