Henry Michaels Acquires SFR In Los Angeles, CA For $4.26M
SOLD
$4,260,000
California
See Similar DealsSingle Family Residence3,635 SF
Sold 10/21/2022
SOLD
Henry Michaels Acquires SFR In Los Angeles, CA For $4.26M
2550 Astral Drive, Los Angeles, California 90046, United States
See Similar DealsSingle Family Residence3,635 SF
Sold 10/21/2022
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,171
Total Square Footage:3,635 SF
Transaction Type:Sale
The property involved in this transaction is a single-family home located at 2550 Astral Dr in Los Angeles, CA. The sale took place on 10/21/2022. The property spans 3,635 square feet and was sold for a price of $4,260,000, resulting in a price per square foot of $1,172.
Summary of transaction details:
- Property Type: Single-Family Home
- Transaction Amount: $4,260,000
- Date: 10/21/2022
- Address: 2550 Astral Dr
- Market: Los Angeles, CA
- Buyer: Henry Michaels
- Seller: Michael Kaiser & Sharon Emanuelli
- Broker: Jonathan Mogharrabi - Compass
Jonathan Mogharrabi from Compass represented the buyer and seller in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$227,200.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,134.87
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,194.57
Annual Debt Service$242,334.88
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