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Daniel Frank Acquires SFR In Brentwood, Los Angeles For $2.95M

Property Image
SOLD
$2,950,000
Brandon Piller
David Parnes
+ 2

California

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Single Family Residence2,022 SF
Sold 10/19/2022
the dealplayerscompscontact
Property Image
SOLD

Daniel Frank Acquires SFR In Brentwood, Los Angeles For $2.95M

218 North Bundy Drive

See Similar Deals
Single Family Residence2,022 SF
Sold 10/19/2022
Brandon Piller
David Parnes
+ 2
Contact now

Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,459
Total Square Footage:2,022 SF
Transaction Type:Sale

The single-family residence located at 218 N Bundy Dr in Brentwood, Los Angeles, CA has been sold in a recent transaction. The property was purchased for a total of $2,950,000. The house spans approximately 2,022 square feet, resulting in a price per square foot of $1,459.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $2,950,000
  • Address: 218 N Bundy Dr
  • Market: Brentwood, Los Angeles, CA

The buyer of the property is Daniel Frank, while the seller is Charles Puth. The deal was facilitated by brokers Joey Ben-Zvi, Brandon Piller, James Harris, and David Parnes from BZP Group, who represent The Agency Re.

Players

David Parnes
26 deals$502.2M volume
BROKER

James Harris
Carolwood Estates
32 deals$573.4M volume
BROKER

Joey Ben-Zvi
The Agency
14 deals$68.5M volume
BROKER

Brandon Piller
The Agency
15 deals$88.5M volume
BROKER

Details

SOLD
IMAGE: Joey Ben-Zvi, Brandon Piller, James Harris & David Parnes DATE: 10/19/2022 ADDRESS: 218 N Bundy Dr MARKET: Brentwood, Los Angeles, CA ASSET TYPE: SFR BUYER: Daniel Frank SELLER: Charles Puth BROKERS: Joey Ben-Zvi (@JoeyBenZvi), Brandon Piller (@BrandonPiller), James Harris (@JamesBondst) & David Parnes (@DavidBondst) - BZP Group (@BZPGroup) - The Agency Re SALE PRICE: $2,950,000 SF: 2,022 ~ PPSF: $1,459

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

$157,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,480.74
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,984.51
Annual Debt Service$167,814.06