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221 North Saltair Avenue, L...

Joel Madison Acquires Brentwood SFR For $4.4M With Joey Ben-Zvi & Brandon Piller (The BZP Group) - The Agency
SOLDSingle Family Residence

Joel Madison Acquires Brentwood SFR For $4.4M With Joey Ben-Zvi & Brandon Piller (The BZP Group) - The Agency

221 North Saltair Avenue, Los Angeles, California 90049, United States

$4,400,000

$1,388/SF

Building Size

3,168 SF

Asset Type

Single Family Residence

Closing

Apr 26, 2022

AI

A single-family home located at 221 N. Saltair Ave. in Brentwood recently sold for $4,400,000. The property spans 3,168 square feet, resulting in a price per square foot of $1,388. The sale took place on 04/27/2022.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $4,400,000
  • Square Footage: 3,168
  • Address: 221 N. Saltair Ave.
  • Market: Brentwood

The buyer of the property is Joel Madison. The transaction was facilitated by brokers Joey Ben-Zvi and Brandon Piller from The BZP Group, who represent the buyer. The deal was handled through The Agency.

Players

Joey Ben-Zvi

The Agency

Broker

$68.5M

vol

14 deals

Broker

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

3.61%

Cash-on-Cash

-1.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93