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218 North Bundy Drive

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

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

218 North Bundy Drive

$2,950,000

$1,459/SF

Building Size

2,022 SF

Asset Type

Single Family Residence

Closing

Oct 19, 2022

AI

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

Carolwood Estates

Broker

$502.2M

vol

26 deals

Broker

Daniel Frank

Longpoint Realty Partners

Buyer

$18.7M

vol

2 deals

Buyer

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

5.38%

Cash-on-Cash

-1.54%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93