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2446 Walnut Avenue, Venice,...

Updated Dec 18, 2023

Alexander & Stephanie Acquire SFR In Venice For $2.3M With Brokers Adrian A. Avila & Neyshia K. Go
SOLDSingle Family Residence

Alexander & Stephanie Acquire SFR In Venice For $2.3M With Brokers Adrian A. Avila & Neyshia K. Go

2446 Walnut Avenue, Venice, CA 90291

$2,300,000

$1,015/SF

Building Size

2,265 SF

Asset Type

Single Family Residence

Closing

May 18, 2020

About this deal

AI

A single-family residence located at 2446 Walnut Ave. in Venice has been sold. The property was purchased by Alexander and Stephanie. The transaction took place on May 18, 2021, and the sale price was $2,300,000, which matched the asking price. The property spans 2,265 square feet, resulting in a price per square foot of $1,015. The sale was facilitated by brokers Adrian A. Avila and Neyshia K. Go.

Summary of transation details

  • Property Type: SFR
  • Transaction Amount: $2,300,000
  • Date: 05/18/2021
  • Address: 2446 Walnut Ave.
  • Market: Venice
  • Buyer: Alexander & Stephanie
  • Brokers: Adrian A. Avila & Neyshia K. Go
  • Square Footage: 2,265
  • Price Per Square Foot: $1,015

The deal was successfully negotiated by brokers Adrian A. Avila and Neyshia K. Go, who represented the buyers throughout the process.

Players

Adrian A. Avila

Compass

Broker

$2.3M

vol

1 deal

Broker

Los Angeles Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $1K per square foot on a published $2.3M for 2,265 square feet (2020).

Visit Compass to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.90%

Cash-on-Cash

-1.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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