Updated Dec 18, 2023
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.
On the Map
$2,300,000
$1,015/SF
Single Family Residence
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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