facebook
Traded Co logo
Submit

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

Property Image
SOLD
$2,725,000

California

See Similar Deals
Single Family Residence7,200 SF
Sold 03/11/2021
the dealplayerscompscontact
Property Image
SOLD

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

21610 Medina Estates Drive, Woodland Hills, CA, USA

See Similar Deals
Single Family Residence7,200 SF
Sold 03/11/2021
Contact now

Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$378
Total Square Footage:7,200 SF
Transaction Type:Sale

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
13 deals$58.1M volume(310) 801-1087
BROKER

Details

SOLD
IMAGE: Derrick J. Smith @LiveLuxuryLA DATE: 03/11/2021 ADDRESS: 21610 Medina Estates Drive MARKET: Woodland Hills ASSET TYPE: SFR BROKER: Derrick J. Smith - @LiveLuxuryLA - Compass SALE PRICE: $2,725,000 SF: 7,200 ~ PPSF: $378si NOTE: Off-Market Sale. Negotiated directly with Sellers, $375k under original asking.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$145,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$9,681.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,917.89
Annual Debt Service$155,014.68